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RE: BTC price analysis longer term bearish perspective
There's a cluster of strong resistance beetween 5900 to 4700. More precisely at @∼5900, @∼5400, @∼4700. I see price going down to that level in 2-3 months. At those prices we should get a significant bounce. (Kinda like we've seen it happen from 2013-12 to 2014-04, 3 drives down and then a big bounce). After that we'll need to re-evaluate the situation.
Thank you for your reply.