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49904988 No.49904988 [Reply] [Original]

I'm starting to feel a rally to $25,000 - $27,000 is currently more likely than us going to $10,000 - $14,000 as of now, we may see $14,000 after a brief rally to $25,000 - $27,000.


0. Bitcoin is currently extremely oversold

1. A lot of swing-traders will probably sell at $25,000

2. A lot of retail will probably sell anything close to $30,000 to try get some of their money back

3. Whales might try to front-run both of the above


Combination of all 4 will send BTC down upto $25,000 - $27,000 and then back down to $14,000.

>> No.49905019

>>49904988
A rally. Lol.
Is this your first market?
Be glad you're still here and accumulate. Thank me in 3 years.

>> No.49905072

>>49905019
$25k - $27k has extremely strong resistance, but are definitely possible we can go there, before going back down to <$20k

>> No.49905162

Retail is still holding. Not sure where the money will come from