How Low Do Think Bitcoin Will Go After This Short lived Bullish Run

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So yesterday was a significant day for bitcoin as ten days ago it gain momentum by trading at $9.57, couple of days now bitcoin has been trying to hold the support line by trading about $20k. The bearish market has seen the primary token bleeding along side other crypto assets, but amidst this current situation it is still gradually adopted and it’s growth scale is gradually increasing.
Well from the current market situation it’s might be impossible for bitcoin to attain a new all time high.

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Admits this short lived bullish market, analysts is in the opinion that bitcoin might fall sharply. A closely watched analyst in a session with its audience warning bitcoin investors that bitcoin will soon resume it’s downtrend and we might possibly be looking at $17k market price mark.

“I’m looking at the daily chart. [It] looks like a bear continuation. I can draw a bear pennant. I can draw a bear flag. I can draw a rising wedge. It just feels so far kind of a minor relief rally. Got the volume [downtrend], standard volume trend, which means this channel is like one to two days from being done. We are one to two days from BTC making a move.”

The analyst who goes by the name Chad on Twitter Cheds few months ago carried out a thesis on the primary crypto asset bitcoin which he referenced in he’s recent tweets which he’s says that;
For fun here is a clip from my March 6th market report for Bitcoin Live students where I first discussed my 12k $BTC thesis

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity.

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