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Btcusd1d

LTC & BTC Multi-Idea I'm not convinced that BTCUSD has finished shaking everyone out before it continues trend, it may not dip so low but I think it will dip below 540. Same goes for LTCUSD but 3.335 would be a hard stop for the litecoin. With LTCUSD retaining its value and BTCUSD losing more value, LTCBTC pair will likely return to mean approximately the same price it was before BTCUSD rallied. There is Bullish Divergence on LTCBTC and OBVs for all 3 correlate with predicted price action. BTCUSD and LTCUSD are still long term bullish, there's no indication as of yet that they aren't.
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by Mt.BFX
3
History repeats!BITSTAMP:BTCUSD appears to be in a long term consolidation, accumulation period for past 2 years. Based on previous models this is what I expect in the coming months, maybe sooner. During this period we will see distribution and mass scaling of BTC to buyers on the fence, target from moon phase is 3-6k but I will not be surprised if targets get blown away by mass FOMO due to mainstream media publications on blockchain adoption and multiple blockchain ledgers which are all denominated BTC (Ruler of the Blockchain). It's time to start analyzing weekly charts, next will be monthly timeframes.
BITSTAMP:BTCUSDLong
by Proteus
6