BTC/USD Long Setup 9th November: Scenario 2
This is the more bearish scenario, looking for a correction back to the bottom of the wedge (chart plotted on a log axis) around $4900 - if this happens very fast (e.g. loss of confidence in another Mt Gox scenario, see Tether/Bitfinex'd issue), then this would line up with confluence of fib support from the last two lows.
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