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RE: Bitcoin is back to trading like a risk off store of value...

in #bitcoin • 6 years ago

Monthly EMA40 is slightly below 6000 USD currently, so it would require someone to find a serious bug in Bitcoin for it to crash a lot below 6000 USD... Other option is very unlikely, but some malicious trader with enough coins would need to cash out a lot of coins.

6 years ago in #bitcoin by
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     6 years ago (edited)

    Yea, given the overall backdrop for bitcoin right now, being short doesn't sound very exciting to me.

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