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CR35

BTC Deeper correction possible.

Bitcoin (BITSTAMP:BTCUSD)  
CR35 Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis BTC Bitcoin (Cryptocurrency) BTCUSD BTCUSDT Bitstamp trading historicalanalysis analysis
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supportandresistance candlestick mtfa btc bitcoin btcusd btcusdt bitstamp trading historicalanalysis analysis
BTCUSD

snapshot

From what history from 2017 tells us is that those consolidation periods, that we are currently experiencing, can take longer (up to 2 months before price reaches the top again). Correction can take up to 2 weeks before it reverses upwards. Again, i am only backing this up with historical price action from the bull run 2017 from a similar time frame.
Comment:
After deeper correction, alt season will start. time will tell anyway.
I am not financial advisor so don't by anything i say.
Comment:
snapshot

It looks like BTC is preparing for another deep before altcoins decouple from it and the alt season starts. Will see, anything could happen at this point.
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