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RE: Bitcoin (BTC) Mid-Day Update: Bitcoin Misery Index (BMI) Flashes a Buy Signal
Leventuzun
Bitcoin has been sideways since Mid Jan. If it breaks $6000, I agree with your chart the price goes lower. However, if it breaks $12000, the price will go up. I don't see it going below $6000. I believe if it was to get this low, the buyer would step in because they would see that price level as being a huge discount. I hope this helped.
Thoughts???
Thanks!