Looks like the zone between 360 - 120 was our flat. Now we repeat the opposite price movement but in a reverse bull cycle at a faster compressed (more volatile) pace.
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Watch for a sudden drop to low/sub 400 which may trigger a reversal in the explosive growths seen in ETH/XMR, those markets to mimic the decline bitcoin has seen as bitcoin takes on the explosive move up to a new high (past 1,200)