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man_bear_pig | 12 years ago

gold = bitcoin parity is a major resistance point. if you look at charts. huge volume but downward moving from 1240 level. traded as low as 840. that level 1 fibonacci retracement. there's a huge chance this thing will revert below 600 quickly.

also from game theory perspective, lots of people take profits year-end. they don't want q1 of next year to start with down 50% on a trade.

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