austunutsua

Bitcoin Short-Term Fair Warning

Short
BITSTAMP:BTCUSD   Bitcoin
We have broken the pennant structure forming in bitcoin so i plotted some hypothetical scenarios. $31-30K is first line of defense (white dotted line), next is the 50 day moving average (pink thin line) around $29-27K, finally, the last line of defense is the 20 week moving average (thick green line) around $22-23K.

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