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What if this rally is fake?The potintial of bear rally of Wave C

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BNC:BLX   Bitcoin Liquid Index
The last bull trend in Bitcoin is not healthy at all, we used to test the 21 weekley moving avg and then bouns from that level. So far, we did not see such a pattern in this current pull trend, and this will increase the probability that we are seeing what so called wave C that normally happem within bear market. Note that the current leg could also reach 20k level before we retrace back to new lows... seems crasy but still possible. Enjoy

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