Bitcoin has topped and will lose at least 70% of its value from here. Since the hard fork has been cancelled, all the altcoins will gain value absolutely and relative to bitcoin.
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The down move does not appear as impulsive as I would like to see. There might be more up after this daily divergence is corrected. Based on the price action so far, I am reconsidering my position that this is the beginning of the big down move.
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Corrective pattern