If anyone thought that bitcoin would surpass the 40k mark at one go he/she was very wrong. Bitcoin could have never surpassed that amount so quickly without a retrace first. 40k at the moment is a massive psychological barrier. The retrace in itself right now is actually healthy. Don't say that bitcoin is now bearish. Anyone saying so has zero idea about technical analysis. Please don't make a fool of yourselves and especially don't advise others on such matters if you know nothing.
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