Blackreplica

BTC/USD bearish double pattern forming

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BITSTAMP:BTCUSD   比特幣
Medium term trends show a clear head and shoulder formation with a narrowing triangle which I interpret to be a consolidation in a continuing downward trend.

Should 6500 be broken, look to 6000 next. This downward break looks to be a probable (though not certain) event in the next couple of days or possibly weeks
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