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masterb369

Possible repeating pattern from the 2014 Death Cross

Bitcoin (BITSTAMP:BTCUSD)  
masterb369 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
A few days after we had the death cross in 2014, we made a lower low which completed wave 5 of the downtrend. What followed was the ABC correction back up. the A wave bounce to the 50 MA, came down, price broke above 50 MA (wave B) and peaked at the 200 MA ( wave C).
Bottom Target is just a crude approximation
Comment:
Bounce off**
Comment:
My timing is way off, probably by a week. And 4800-4900 is my next bottom target.
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