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RE: Double Bubble Analysis: update
In the first place, it don't matter actually , if you're a long term investor it's always a good news to you, and if you're a short term investor it's a bad news for you.
Long term investors have nothing to worry about, obviously. This, just like in 2014 is the time to be buying. Soaking up from the impatient ones. Bitcoin will be going sideways again before bubble number 5.
I agree short term investors are going to have to wait...multiple months, unless you are shorting bounces ;)