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RE: Was this a break out or a fake out?

in #bitcoin2 years ago

Technically and historically, what I see is a continuation pattern of price declines. Faking out is the usual thing done by market makers. And in my opinion, in the near future, with the announcement from the FED, maybe we should anticipate the market will tend to be volatile and this will encourage prices to continue their decline as well. I am currently doing a short position in the futures market.

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