MorpheusCrypto

BTC Scallop Formation

Long
BITFINEX:BTCUSD   Bitcoin
A Scallop is forming on BTC. We could see a bullish push if the price closes above 4094.

The uncertainty from China seems to be dying down. It appears that worst has already happened with the Chinese banning crypto exchanges. Although the Chinese could drive the price down further by completely banning Bitcoin and other cryptos.

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