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What is happening to $BTC at the moment.

BITFINEX:BTCUSD   Bitcoin
A lot of us were expecting an ascending triangle but in the end we have a bear flag with a dead cat bounce that send us to re-test the lows.

Now there is nothing we can do for sure, I have a short open from 7587 that I will keep an eye on in case I need to add more to it or switch to a long.

So my friends just sit and wait for further developments.



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