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RE: BTC update 13.01.18
It will not move up a lot unless the transaction time and costs issues are solved. Prolonged channeling is an option, but not my favorite. I think altcoins will not suffer as much this time. Some have proven to be independent from BTC now.
Thanks for the analysis. Don't know much about EW analysis, but looking at chart, btc has been in consolidation since 12/17/17 and I see upside explosion by end of this month.