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RE: Bitcoin (BTC) Morning Update: Two Patterns Converging into One

in #bitcoin8 years ago

I don't think it's the Google ad ban. The markets react very negatively to regulation hearings. That's where I would put my money on why the market is dipping again. On my charts, 8.2K is the 0.618 fib level. I expect we bounce off that several times today. If we break down further... then I would be worried

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