Bitcoin

Descending Triangle all Year Long

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In typical fasion, BTC has pumped very quickly and will dwindle back down to earth in the $15k area. Our minds want to believe that there is some kind of magical support occurring at $30k, 25K, but the fact is the price never spent any kind of significant time at any of these levels. I'm not going to accumulate at $30k, but will begin buying again when the price flat lines around $15k as it did during $10k.

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