It also could be a SKS bottom formation that just broke out of the right shoulder and is re-testing the previous resistance line. The Bears had many chances to break thru the last support line but it didn't hapoen so I'm looking more for a bullish move right now. Especially when you see the correlation with USD-Index which is about to go down as well. And on top we have the overall bullish 4 quarter ahead of us so don't worry guys we wont see 5000 BTC in December.

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