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RE: Bitcoin tanks, watch the bounce for clues as to where we go next

in #bitcoin6 years ago

Need more volume to the downside to establish a capitulation bottom... I think the downturn is overall risk fleeing financial markets and people seeking liquidity as they have been overinvested for years. We will see soon!

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Yes we will. So far there hasn't been the bounce I would have liked to see that would indicate a bottom. Lower we go...