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RE: Bitcoin Confirms Bullish Breakout...Small Correction before Next Wave Up

in #cryptocurrency6 years ago

A bull trap is still possible. I'll feel much more confident when bitcoin breaks out on the LOG scale chart. The one thing that makes this uptrend seem different is the timing. I and many others have forecasted for months the possibility of tax season being a major factor in the downtrending cypto market. Now that tax season is nearly over, it makes sense that a lasting uptrend would begin. We'll see.

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