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RE: Bitcoin: How to Read Those Bloody Charts? And My Short Term Prediction.

in #howto7 years ago

I agree I do believe it will surpass $20k this year and maybe hit those other predicted highs of $50k. But I think there's been a loss of confidence and added competition. I think once it's been perceived as actually hitting the bottom, the whales are going to jump in and start buying like crazy, which will lead to a price increase, which will lead into perceived consumer confidence, which will lead into more people buying into BTC.

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