Bitcoin
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BTC downtrend channel

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We are still inside a downtrend channel

RSI same as last year in behaviour

Must conquer MA200 to move ahead

I believe short first to test support then measured move up past MA200
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COMMENT:

Bitcoin did indeed decline to 8300 and make a measured move up over 200 MA

See my former Bitcoin Descending Wedge Idea
BTCUSDChart PatternsDescending ChanneldowntrendTechnical IndicatorsTrend Analysis

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