Coin washout complete
Coin had a rather rapid washout landing in the middle of my two downside price targets. Thankfully I didnt short during my last short post as BTC pumped right afterwards. My dead cat bounce theory has not yet been rejected but it is getting there. I would need to see full bodied daily candles above 48k to feel like the upward run continues without a correction. The year of BTC halving has always had a 30-40% correction in the few months before, will we still see it?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.