Wojtek440

BTC: A retest of the existing channel, we're still going down

Corto
BITFINEX:BTCUSD   Bitcoin
Some think that since we broke out of the channel on the 1h, that it's time to go long and the bear market is over. As much as I would like to see that happen, it is very unlikely. We are still going down, hopefully to hit a long term fib target at $2660. The price on the 1h has retested the parallel channel, and now we're going down.
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