This is one of those charts that might trigger an "OH CRAP!!!!" feeling for those who sold into the Bitcoin capitulation back in November-February. If you're still hoping for $3,000 Bitcoin. You might NEVER get it.
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This was a warning shot fired. There are likely a few days of consolidation ahead of us now, then we'll break that current high, get into the $14,000s, and start a real correction. Will assess how deep that correction could go once we get there. But, as for now, take this as a precautionary warning shot fired.
ALT/BTC pairs looking juicy.
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My thoughts on this correct with current price movement:
So you changed your mind ?
3 Jun you said we are going back to 4k
Thanks in advance
SecludedJ
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@MagdyEl-Nidany, in the analysis I have a price zone and stated if we exceed $11,800, it will keep going up.
kardia
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Hahaha, you are right! This is crazy FOMO!
Johnthebull
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Given the continued drop, has that changed your prediction of going to the 14k area before the drop, or do you now think the larger drop has began? Thanks!
SecludedJ
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@Johnthebull, I still believe $14,800 will happen.
3 Jun you said we are going back to 4k
Thanks in advance