Last dip before lift off

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Robert121717

Ive posted before about the historical significance of the range BTC is currently in. Im still confident the downtrend is over, and what were seeing now is just minor consolidation after such a long spike.

I expect BTC to go no lower than 42k before going long again, and in the worst case, BTC should still remain above 40k. The daily RSI supports this theory.

I believe we’ll see one more spike followed by minor consolidation before rising past 52k .

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