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RE: Technical analysis - Bitcoin Segw & Bitcoin Cash (BTC-USDT & BCH-BTC)

in #bitcoin7 years ago

Thanks for another great analysis! Unfortunatly I did not had much BTC in my wallet, so in the last 3 weeks I was always looking for a correction with did not came... In this video you say you expect it will correct below 1000$. Why & when do you think there will be such a heavy correction?
One last question, any thought about Clif High's web bot predictions?

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Hi I don't presonally believe in the web bot, nor in oracles or secret sources. Historically he's got it wrong about precious metals, world events etc. And as soon as crypto is in bear market he will be proven wrong again. As for BTC going to 1k, long from now. But I think we are not far from the top of the bubble. 4k seems likely to be a point where we will see a huge correction. And if we go to 5k then expect the mega crash...

Thanks for your reply! I'll have to dig a bit deeper about Cliff's previous predictions. I saw him talking last night on the SGT report. That's why I was wondering your thoughts about him ;-)

I will try to find that video. I still watch him, but I don't take him serious :P

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