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CoinObservatory
May 17, 2021 4:05 PM

Bitcoin, Corrective phase, Target $27k and $24k Short

Bitcoin / United States DollarCoinbase

Description

strikingly similar parallel to GOLD's long term chart,

BTC appears to be in the early stages of a corrective phase,
With potential lows, as low as
$27,000 and $24600

I don't expect the chart to go straight to those targets but in a series of corrections and over time.

Time will tell.
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