ItsLukeEv

Healthy 30% Correction after parabolic movement?

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BITSTAMP:BTCUSD   比特幣
I see a healthy correction after near 100% gains from parabolic movement from last trend line bounce (7500 - 14000), heading back to 9500 would be nothing unusual here (25 - 30% correction) before resuming uptrend.

Don't forget the 2017 bull market saw corrections of near 40%, I can't imagine we break ATH's without this.
Let me know what you think below.

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