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Bitcoin in danger

Over the last month Bitcoin has had countless of opportunities to make its bullish break up. Yet, it has failed on every single occasion.

At the moment Bitcoin seems to have completed a double 3 WXYXZ wave. This in turn amounts to the B-wave, of which we're now staring a potential C-wave in the eye. If Bitcoin breaks the $30 000 support zone, that will confirm this whole set up in full. In such case, we're looking at the low $20 000's at best.

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