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RE: As it turns out, February 6th was indeed a very important day for Cryptocurrencies!
Indeed it was a great day for crypto! But do you guys think we'll get another major price drop before the end of the month? I believe it is possible and Bitcoin may even reach close to 5k before the real bull run starts.
That is certainly possible. It is not out of the woods yet. This was just the most significant bounce since prices broke that $10k support. If I had to guess, I'd say we saw the lows for the next couple months already, but only with about 70% conviction.