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kingzofu
6 Th09 2018 13:40

Bitcoin Descending triangle = 70% bearish bias/30% bullish bias 

Bitcoin / DollarBitfinex

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TeunisDokter
You are reading the chart correctly. We'll have to wait 3 months to know what the market concludes. I see 2 scenario's:

1) Bullish: break through descending triangle
2) Slow-bleed on the downside of the triangle to 2000- 4000 BTC/USD in december.
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