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RE: Bitcoin (BTC) Expected To Make Deeper Correction Before Recovery

in #bitcoin7 years ago

Hi

Thanks for the comment :)

I understand what you mean, it would be a deep correction, however, I feel it is possible with all the negativity around 1st Gen BTC fee's and transaction times. Also, $8k is an untested level as support and the longer price stumbles around, the more nervous it makes investors. When we see the drop to near $10k, I think the panic could certainly drive us lower and touch those untested levels.

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