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RE: Become a dolphin by trading the alt coin correction!

in #bitcoin7 years ago

If you really want to buy low, Bitcoin should be low on the weekly charts. That's still a year away should we have entered a bear market again (which I doubt).

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I think we entered a temporary bear market and will see a correction below $1850, which is healthy and to be expected after this unsustainable parboilic movement. Then I'm expecting another push to test that $3000 mark before we go into long term consolidation. The crypto space has been evolving at an unsustainable pace and if it's to keep growing and gaining value, we need a period of consolidation.

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