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RE: Yellen's testimony to Congress brings another message - buy bitcoin!

in #cryptocurrency8 years ago

Don't really agree with you. The downtrend is still strong, this is but a bulltrap. The fundamentals are still going to weigh in heavy on the price. Until we get SegWit rolling, I don't see the current trend breaking. Today we've been seeing a big resistance around 2400$ (Bitstamp). If it stays that way and we just move sideways, the downtrend will continue as predicted.

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