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Hope everyone is doing well on this lovely Thursday.
I wanted to write a blog about the current BTC correction taking place.
BTC has been bullish for months. In an effort to calm people down, this is not near the top of a bubble because there has been too much consolidation as the price rose. If it was truly the top, we would have seen insane parabolic movement, followed by a violent nosedive.
This healthy given the rally since 9k.. and likely a great buying opportunity.
I posted several charts to my Trading View account that have been by the correction. I expect the bounce back to be quite strong.
To check out my charts on TradingView.com, click here.