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cryptovatsik

Bitcoin - Three drives down

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Bitcoin (BITSTAMP:BTCUSD)  
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I like Quarter Ranges and they're currently significant imo - Bitcoin lost the upper QR (red) and broke MS bearishly.

If I had to take a stab at direction:
- 3 drives down (3rd unfinished)
- Test lower quarter range & 618 fib

Invalid on a HTF reclaim of red zone. Must hold green zone for bullish argument.

Cheers
Vatsik
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