HudaK

Bitcoin may fall to 2K.(6K seems to be confirmed)

Short
BITSTAMP:BTCUSD   Bitcoin
BITSTAMP, BTCUSD, 1D

FACTs
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1. Up trend channel support(Sep.~Nov.)
: broken(attempt to breakage : failed)
2. Middle down trend channel support(green dashed line)
: broken
3. Small down trend channel support(cyan dashed line)
: broken
4. 200 EMA
: broken
5. 250 EMA
: pierced
6. RSI
: at support line
7. MACD
: down trend
8. USDT problem
: unsolved
8. CME contract expire date of Apirl
: 27.04.18.
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The key of this down trend is "Which level is the 'normal' for bitcoin market?"

Hyman Minsky model
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