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RE: Mike Novogratz - "Impossible for Bitcoin not to get to $10k this year"

in #bitcoin6 years ago

Markets follow patterns which suggests that if it goes below $4975, the next support zone is somewhere just above $3K. It might even flash crash to somewhere around $1K, but if that happens it won't last long. Ethereum did this briefly in June 2017 on rumors of Vitalik's death and went all the way down to about 10 cents, but that condition lasted only for about a minute or two.