Bitcoin
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BITCOIN - DEAD CAT BOUNCE - CRYPTOCURRENCY

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After expension follows consolidation and a dead cat bounce :P

Bitcoin dumped pretty hart yesterday and consolidated today in a range. This means many trade positions entered the market which will addd fuel as soon price starts to choose a direction.

Based on that inefficient move yesterday I assume that bitcoin will bounce in the next 24-48 hours in order to take out late shorts. these shorts have to close their position if bitcoin bounces up which will add more buys.
(In order to close shorts u have to buy)

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