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RE: Will Bitcoin break $10,000 within a month? [Intro to Basic Technical Analysis]

in #bitcoin7 years ago

Bitcoin has indeed reached record levels. Needless to say that some are reaping enormous gains, but imagine severe consequences that will inevitably ensue following a significant market correction. After all markets are by their very natures cyclical.

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I agree that we'll likely see a significant downturn after a peak like previous cycles. Just trying to speculate what this cycle's peak might be.

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