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RE: Bitcoin (BTCUSD) Early Update: Things Don't Look Good As Of Now

in #bitcoin7 years ago

Thank you for your analysis.
I've already started short bitcoin at 8500.
Be ready to buy again near 7500 and wait for a rebound.

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I am of the belief that double bottom at a short term doesn't guarantee a bounce. We may look at lower targets if that were to happen. However, its a conservative approach.