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Bitcoin

Updated bar Chart for Bitcoin including the original Forecast indicating Low for the 5 - 6th May which looks like a strong probability at this point . There is also a second Curve I have presented indicating another turning point around the 11 - 12th May so if we move up into that point strongly it could be a good point to take some profits and as we move towards that point I will be able to determine if that point is setting up for counter trend Top and if price trades higher than that point we should be up till the 18th May but if we trade lower than that date and remain below the 11 - 12th it could indicate down into the 18th May which is a very important date . The drawing shows Range down at A which was a decline of 12042 points in 35 days which balances against the current time period of 37 days and the price amplitude is similar with the projected distance coming in at 36166 which is around current price zones .


Original Curve Below :


Notes




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