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RE: Bitcoin Update: Bull and Bear Scenario Still in Play
The uncertain paths for bitcoin continue, by July we'll either be deep in the woods or walking a sunny path with a view of the horizon. Or, it could be a broken year with most of the market just churning in wash, rinse, repeat? The current channel rising up to the resistance line, it's a rising channel, could it be a bear flag?
I don't think it'll be a broken year. As soon as the SEC comes out with clear regulatory guidelines, I believe we'll see the start of a major bull run. Just my opinion.