COTI / Bitcoin

COTI - Next move up incoming

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I have a long term COTI chart vs USD for those interested. At the moment though, as BTC Dom is beginning to push up, I am charting against BTC primarily.

COTI looks like it is in the midst of completing an expanded flat correction before next wave up. Near term, I'm neutral as I'm not convinced this is bottom yet, retesting the previous high as well as the 0.618 area would seem quite possible still.

Longer term, the fundamentals of COTI are very strong, and I expect COTI will do very well down the road.

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