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Guzardus
Jan 6, 2021 12:33 AM

A look at 2017 historic dips to examine buying opportunities Long

Bitcoin / U.S. DollarGemini

Description

If history repeats itself on the charts, then it's worthwhile to examine the 2017 bull run and its dips, so we can have a strategy for buying the dips.

So far since breaking the 20k USD mark, we have not seen any significant retracements. It will come, it's just a matter of time.

If we examine the bull run in 2017, you can see the the dips range from 30% to 40%. We could possibly see a similar situation play out again during this run.

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