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RE: Bitc(BTC) Morning Update: Tree Count vs Forest Count

in #bitcoin8 years ago

This is a text book correction of wave 1. Retracement is expected to be 50% or 61.8%.
This correlate with the 0.5 Fibonnacci, + H&S pattern + Horizontal Support and Resistance level and will allow for the RSI to reset for Wave 3 impulse.

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