BITSTAMP:BTCUSD   Bitcoin
People might be looking for a few more down red days as seen previously but in my opinion that's a mistake

Why?

At that time the dip was just a selloff followed by more weakness into new lows that formed a bottom

But in our case since it happened unnatural (by margin calls ) it's my opinion that it already hit the extreme low

If it would not have been for the margin calls we could've seen 54 low and few more days down to 52 for a bottom ...

So I think the low is in ! Good luck
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