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RE: Well, it looks like the bubble has officially popped

in #crypto6 years ago

I’m looking at the resistance at $5500 for BTC before I jump back in, really want to up my stake coz I’m in it for the long game! I agree greed and the promice of quick money has seen weak hands dump plenty of liquidity into the market and the real crypto peeps will take advantage

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By "$5,500 resistance", do you mean you think prices will find support at $5,500?

Yes, that's what I think. But if it falls under $5,500 then wow I have no idea how far this thing could go down, it's a big psychological milestone could just see a ripple effect should it dip below it. This crypto think is really for the strong at heart

I think $5k is a good psychological point. I would be surprised to see it trade much below that level.

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