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COINBASE:BTCUSD Is acting as always in algorithimic patterns. So far I see similar construction from the first breakdown. Making me lean to another breakdown making a "BART" Simson on macro chart of 1week.



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The cycle of BTC
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As an longterm investor who invested much earlier than most of all, I still think that btc will go up again. Before this there is a cycle that needs to be completed all the way. So lets have a look at the base trend.. There are still 2 lines below the actual value of btc. For sure the amount of people buying in is alrady growing but we all know that this whole market is based on what we call whales or maybe institutional investors. They will wait until the very end, just because they can. Wait with all kind of margin leverage until there is a clear patarn. We will see it when it's time (very long candle shadow on the weekly)

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Lets go baby!

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BTCUSD will end correction at 3520 or 3171 and will move to 6250 first target.

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BITFINEX:BTCUSDundefined