Cryptocure

Start of new bull cycle for Bitcoin?

Long
BITFINEX:BTCUSD   Bitcoin
Yesterday's crash strengthens the great similarities between current and previous Bitcoin cycle. A sharp sell off made an end to the bear market with only upside seen from thereon. Besides these similarities, looking at the weekly BLX chart (Chart has yet to be updated as of today) with the 200 MA shows a bounce from this moving average, even more so indicating a potential long term bottom.
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