Why Bitcoin (BTC) Might See Another 2018 Styled Bear Trend

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If there is one thing everyone is buying right now, it is that Bitcoin (BTC) has bottomed just like it did in 2015 after it formed a blow off top. It is very tempting to believe that we are in that part of the cycle because the ongoing cycle resembles that cycle in many ways. However, there are some stark differences that traders and analysts seem to have ignored due to their strong bullish bias. Before we discuss those, let us analyze why BTC/USD might be printing another 2018 styled bear trend. If we look at the 4H chart for…
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Why Bitcoin (BTC) Might See Another 2018 Styled Bear Trend

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