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Andrepaz
Jan 20, 2021 3:21 PM

BTCUSD - Long Term Bear Trend Short

Bitcoin / U.S. dollarBitstamp

Description

According to the trend presented over the past 3 years, whenever there is an extremely high appreciation (between 300 and 500%), there is a devaluation around 70%.

Therefore, and based exclusively on the technical analysis, it is considered likely that in the next year there will be a depreciation of BTC against the USD and a significant approaching to $13000.
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