APOinvestment

$BTC retracement incoming

BITSTAMP:BTCUSD   Bitcoin
$BTC has dropped 42.5% from its top at $69,000. Historically after a 42-43% brings a good bounce for Bitcoin. Many are turning bearish now at the lows in my opinion. Looking for Bitcoin to start a retracement to the mid 50ks short term. However, $BTC is still in an overall ABC correction where I’m expecting it to drop below the 30k range by the 2nd half of the year.

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