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RE: Bitcoin Technical Analysis: THIS DROP WAS NO SURPRISE

in #cryptocurrency6 years ago (edited)

I agree...big money wants to buy a cheap bitcoin before the floodgates open. That said, retail investors are getting smart. Shorts are stacked to near all time highs. I can see market makers possibly driving price up to liquidate shorts...which may actually trigger a bull run. We'll see. Like you, I'm not entering any large positions until there's more clarity. Small scalps here and there, but that's it.