Bitcoin
Short

BTCUSD MAY BE DUE FOR A CORRECTION

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The rise of BTC from 15k to 126k may be due to a correction. The market does not go up or down in a straight line. A 61.8% correction coincides with the previous support/ resistance at 60k. Given the falling yields on the Ten and Thirty year US Notes, the market is risk averse, as investors look for low risk assets. A bullish scenario would be guaranteed if BTC breaks previous highs @126k.

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