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After hitting a mark of $64k, speculations still going that BTC will hit fresh ATHs at $70k then go back to the former route or beginning. Will this be possible?
The retracement will definitely make investors starts pulling money out and throwing into Alts. When the Alts move start, then the money will flow into DeFi first, then GameFi.
Another suggestion given was;
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The question is if there's going to be a retracement after hitting an ATHs, how much should we expect it to retrace to?
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57-58k could be a reasonable important support, but as soon as we cross ath we won't probably come back again until we hit 6 figure number on BTC, that will be as we enter in new bear market, probably by beginning- middle of 2022. One point my friend, don't you get disturbance about so many lines in the graphic? I recomment you to do one thing, zoom out and take into consideration big resitences and supports, it will help you more to have a clear entrance or exits for example in time to buy-accumulate more or even doing trading. Greetings!
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Yeah that might probably help. Greetings to you too!
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