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RE: Bitcoin finds a solid bid above key support zone
I believe a major factor in this recent correction for BTC, ETH and LTC was all of them reaching arbitrary benchmark highs in their respective prices. BTC nearing $5k, ETH nearing $400 and LTC nearing $100 all gave investors a psychological mark to sell-off and could prove to be a tough nut to crack in the short term. It could also provide an opportunity for medium term investors to buy and invest in crypto at lower prices. All 3 should shoot back up over the week or so and break through these arbitrary ceilings to reach new highs.