Calm Before The Storm For Bitcoin (BTC)

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 Published  by Jefe Caan
 

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This time, it is expected to be a lot more devastating as the bearish pennant that we see on the daily chart for is a lot bigger compared to the previous one. We are now at a point where major financial markets are lining up to prepare for that next downtrend which we have been discussing for the past few weeks.

This time, it might be the stock market that triggers the decline in the cryptocurrency, forex and commodities markets. The last time it happened, we saw a major downtrend in the cryptocurrency market.