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Is Bitcoin about to head south?

由matt8932提供

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Looking at the chart, I think BTC has completed 5 wives to the upside, but could now bounce off the minor resistance line and head to a new lower low.

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I'm even more convinced that this will play out with lower low before the end of Feb as I've just done a fib trend extension and the 68% line coincides perfectly with the price target.

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