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BTC Still in Major Downtrend

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BITFINEX:BTCUSD   比特幣
Even though the news lately has been extremely positive, a step back needs to be taken to observe the long-term timeframes and TA. BTC is still falling in the descending wedge formation, looking to be resolved in September/October area. Be sure to not be blinded by the sentiment of either side, trade without your emotions.

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