Bitcoin Price Analysis: Expect Some Lower Lows Before the Next Bounce (bitcoinmagazine.com)

Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline.  Since then, the price has dropped nearly $ 7,000 and is showing signs of further downward continuation.  Let’s take a look at the chart from the last BTC-USD market analysis:Figure 1:  BTC-USD, 4-Hour Candles, Trend Prior to BreakdownAs you can see, the price was…

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