BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As expected a buy occurred, a sell will follow on

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I'm baffled by bitcoin. it looked for all the world it would tank as soon as it hit the descending wedge! what graph are you referring to thats informing you otherwise?
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If im honest with you I've not been reading anything I've just been doing the same analysis I do with currencies, I use my trend lines and I keep an eye on the support and resistance points, I also also wait for a clear trend before executing.
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