Bitcoin continues to be trapped in a range

in #bitcoin7 years ago

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I have adjusted my previous triangle pattern as the new movements come in. The fundamental ideas of consolidation is still valid. It was a wild and stomach churning ride, but I believe some clarity has now emerged. Bitcoin should be making a rebound over the next 2-3 days before rolling over to test support one more time. This sideways action will continue a while more before volume finally dries out and bitcoin makes a move upwards in one quick motion. HODL!

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