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RE: ⚠️ Despite altcoin exuberance, Never disregard Bitcoin! ⚠️

in #cryptocurrency7 years ago

Yea. But I am afraid bitcoins gonna dip again a little. Ew&Patterns is saying possible dip to 10k after ABC is done. But on a bigger daily chart if I look at the abcde triangel looks like 12000 ish. We will see.

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Oh, yes but if it goes down to 12K or below it's a far more serious dip and offers a more bearish outlook than we've seen up until now. I think altcoins will dip just as hard, if not harder, if Bitcoin drops to 12K or lower.
I think Bitcoin is the safe bet, and alts are insanely overvalued in many cases atm

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