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CoinChartist
Feb 21, 2020 5:27 PM

Comparing the 2019 and 2020 Bitcoin Bull Rallies $BTC Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin's recent uptrend doesn't look finished, according to the last bull rally.

Both rallies had a golden cross of the 200-day and 50-day moving average, and each time resulted in an immediate ~10% crash.

After that, there was an enormous upside. Even both 'bottom' structures look extremely similar.
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