UnknownUnicorn1698533

Another downfall for BTC?

Short
BITFINEX:BTCUSD   Bitcoin
As shown on the chart, BTCUSD seems to be prepared for another devaluation. After the aberrant appreciation over the 2nd semester of 2017 - hitting the outrageous of U$ 19.000,00 - BTC doesn't have enough steam to break up.

As shown on the chart, BTCUSD seems to be preparing for another downfall. After the aberrant appreciation over the 2nd semester of 2017 - hitting the outrageous value of 19.000,00 dollars - BTC doesn't have enough steam to break up. As can be seen, the cryptocurrency wasn't capable of overcoming EMA50 line and Ichimoku clouds over the last weeks, which may indicate - based on previous patterns - that another devaluation is coming up soon.
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