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RE: Bitcoin Technical Analysis #8 - Major Consolidation?

in #bitcoin7 years ago

Excellent analysis like always. I am still bullish for long term however it would be nice to see a sell-off / correction to a USD 60B-70B market cap as the FOMO from investors really kicked in around this area.

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Hi thanks for the comment & for the re-steemit :)

You are 100% right. And by the time I finished this video the market cap started to crash heavily. 78.5B at the time I'm answering this message.

I personally like it cause I'm not invested at the moment, but at the same time I feel bad for those who bought during this past month following the advice of the many YT users who continue to promote the hype up until today, unbelievable... Too much craziness & greed with ICOs, people is now in fear & selling like crazy.

Anyways, let's see how this continues!

Cheers :)

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