Bitcoin
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Bitcoin Explained

175
Above is a summed up analysis into the forces that currently push the stock down to legitimate consolidation levels.

– All MAs are above the stock
– A channel scenario is likely to fail, a triangle equally so
– Any rise in value is accompanied by very low volume
– Constant lower highs and lower lows
– Note that the entire drop-force is pushing on the low side of the triangle (suggesting a weak exit force)

(lines and connections have been averaged using step-line over log)
Note
Could be yet another re-test of 8.2k before descending

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