Bitcoin (BTC): Feb 9 2015

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btc feb 9

 

As the day comes to a close the price of BTC continues to stay in the wedge we identified a few days ago. It still feels like the price will breakdown lower before making a “mini bubble” pump sometime near Chinese New Year. Or, that is what the data suggests. If a bad news event happens then this well defined bear trend will kick back into gear.

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