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Bitcoin Getting Ready to Bounce..?

We are approaching a big confluence point on the charts at the moment on Bitcoin.

We see from the chart that we are approaching a minor trend line and have some of our SHORT positions in the green.

We still have a minor hedge in of over all holdings and will be keeping those for the time being.

This is partly down to Twitter announcing advertising of Cryptocurrencies but there are many different factors baked in as well.

Very long term I am still very bullish! How ever we could be in for a lot more pain if the worse comes to happen.

#bitcoin

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