If were looking at the parabolic expansion of BTC
in 2017 as an emotional market cycle, then we could repeat the cycle of 2014. We had a parabolic curve taking it to new heights followed by an 88% retracement that happened over many many months. A repeat of this cycle will see a retracement back to $3000 mark. Don't sell the bottoms. Wait for a bounce and get a better exit. There will be a better exit. This could be a bounce from 8k to 12k - 8k to 15 k.. I don't know, i do know there will be a better exit price.
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