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djnocide
Feb 27, 2021 8:09 PM

Possibility for BTC price Long

Bitcoin / Canadian DollarKraken

Description

If we check what happened the last time BTC drop in this run. It dropped 30 % and rise 100% (in 30 days). The current drop was 24%, if BTC react close to the same way it did in January. By the end of march we could see 111000$ CAD per BTC. It is only if the price rise the same way. In the past, March hasn't been a good month for BTC bulls.
So far, for this drop, nothing to worry about since we're still close of the 20 EMA.
Let's see how things goes.
Comments
MrArcher19
Nice analysis! Go BTC!
Henry_Ross
Excellent!
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