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RE: [ Trading ] Wyckoff Method and the current Bitcoin chart
If we can consolidatae at around 7200 and then go up again, it will be great. But I get the fealing many commentators are expecting Bitcoin to go to 6500 and then rebound. Which is also ok, as long as we don't go below 5900.
Very true. There is huge amounts of speculation that price will fall back to atleast $6,500 before we really begin the bull run which at this stage is very likely and definitely possible. Its going to be an interesting few weeks!