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BTCUSD Bear Market Into The New Year

BITSTAMP:BTCUSD   Bitcoin
Previous target of 3500 BTCUSD has been hit.

There are a few proposed scenarios (teal, pink and yellow) which all bottom out around the lunar eclipse on January 21st 2019. I believe we will see a relief rally up to either confluence levels of 4600 or 5500 around Christmas time after which there may be another decline before a bull market begins.

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