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RE: Forbes Analysis: Bitcoin's Epic Rise Past $5000!

in #bitcoin7 years ago

Volumes were way higher last time on the way up, meaning a lot of people are going to want to sell for break even or small profit and reduce risk IMO. I think we're going to start seeing some more bear pressure here before too long. If we do get to around the same level, it would most likely be a double top and we'd see a pullback and bulls would have to fight to get back to $5k.