Ralphho

Short term possible $btc buying opportunity

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COINBASE:BTCUSD   比特币
There is negative divergence in the price action of $btc and this move could possibly running out of energy.

A retracement to the 61.8% would be near the top level of the declining channel it has been in for months.

This would be a great buying opportunity.

So in short: major trend is up, short term we could might see a retracement. Retracements can be used for buying in line with the major trend.
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