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RE: [dtube] Bitcoin Prices are Falling - Here is what I think

in #dtube7 years ago

Not me and not a lot of traders who understand that 50% corrections are not only common in trends, but, in cases like bitcoin's chart when it moves almost completely vertically for a sustained period, a very good thing. It's only when the price moves below 62% of the bullish price move that I become really concerned (falling below 50% correction is the first sign that the trend might have ended).

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