Bitcoin

A long term idea on BTC

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This is a possibility because in order to ''launch the rocket'' it needs fuel. So overall I am expecting a downtrend channel, which at some point will explode. I support this idea because a downtrend channel is hard to spot in its early stages and sudden price rises can trick many people. Which is great for the ''big boys'' who are controlling the price.

PS: The price is obviously not going to move as my drawing. I just wanted to exemplify my pattern idea.

Penafian

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