TEXAGG22

A case for bearish continuation

Short
BITSTAMP:BTCUSD   Bitcoin
I believe we are about maxed out on this bounce and we will most likely correct back down to around 7900 USD @ which point support must hold or else we move back to 7.2. I believe we will move down to 7.9 because the pink descending channel has been established with multiple touches on both the top and bottom and volume has been declining throughout the duration of this move upwards. I love bitcoin and am a bull long term but for now I believe we go down.

This is pure speculation and not financial advice.

All the best out there friends.

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