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#BTC: similar indications with August, looming bear term

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BITFINEX:BTCUSD   比特幣
  • The chart is quite obvious. Although we are still in the uptrend from a wider perspective, in the short run, the indicators signal a bearish period.
  • Check the resemblance with last August, i.e. price/RSI div, falling volume, etc.
  • It looks like we will see BTC @ around $4,XXX in the next term.

It is no investment advise.

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