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RE: Buying The Dips: Which coins will surrvive?

in #crypto6 years ago

My break of the Feb lows has a target of a 4000 break. That is when bitcoin has dropped over 80% of its value from the peak and where we likely bottom. I believe taking out 10k with this rise only prolongs this consolidation period of months and would be the worst thing that could happen. Bitcoin has not and will not bottomed until we get capitulation bottoming action, not front running of support.

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Thanks for the useful info.