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Another mini run up before heading down
Just a possible scenario, not financial advice.
After consolidation, which has taken longer than the last time a few months back, bulls may take charge and drive up the price to around 8500-8800 ultimately before it heads back down to the 3-4k range. This process and chart may take the rest of summer to play out. Will it follow the same pattern as the last run up? Time will tell.
After consolidation, which has taken longer than the last time a few months back, bulls may take charge and drive up the price to around 8500-8800 ultimately before it heads back down to the 3-4k range. This process and chart may take the rest of summer to play out. Will it follow the same pattern as the last run up? Time will tell.
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