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BTC correction is still not over

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Hi friends, the idea is self explanatory, feel free to share your opinion. Thanks
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Only real problem with this idea is that during 2016 BTC always bounced from 200 day MA. As of now 200 day MA is at 8650. A clean break over or below will make things clearer.
Bitcoin (Cryptocurrency)BTCUSDChart PatternsCryptocurrencyTrend AnalysisXBTUSD

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