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Bitcoin will slowly degrade over next few months

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BITSTAMP:BTCUSD   比特币
Until regulatory issues are settled or at least addressed, the US market will be unfriendly to new crypto investors. Bitcoin needs new investors in order to rise, and without this, it will fall. As soon as this all cleared up, and there are more credible ICOs emerging, Bitcoin will move up sharply. The pattern I show is very indicative of a post bubble deflation event.

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