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BTC takes a break in the free fall

We are at a triangle that will probably end by breaking an important support at 8200. This support represents a very old trend line: breaking it would bring BTC to new lows.

Note

BTC bounced around 8500 exactly as predicted by the triangle and is now falling down. We should see a bounce around 8300 and another push up before a breakout.

Note

We are still in the triangle (the line in the chart is not the main downtrend line):

palomino77

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