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According to crypto analyst Alan Masters, the Bitcoin price is likely to go mid $6,000 next month.
He wrote, “BTC is now moving in a descending channel, going lower. Now I am seeing a potential bounce in place or further drop. Bitcoin can easily move lower, according to the chart, but a bounce is also very likely. As for the mid $6,500 price (I am looking at the $6,200 – $6,500 range), I am looking at this level for Bitcoin to fully complete this retrace… Depending on how this level is handled, we can think about Bitcoins next move.”
Are Altcoins ready to explode?!
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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