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RE: Technical Analysis of Bitcoin and Major Alt-coins

in #bitcoin6 years ago (edited)

We will have another dip after a short term bull run. I have explained that after a short squeeze that may take the price around 7500$ then we will have bear trend and the price makes new lows. Lower low depends on price behaviour befor dropping. For now around 5k is expected but it may change and even go to aroun 3k or lower. I will update every time that the market gives new piece of data. Bitcoin started the up move and the short positions are dropping already.