Technical indicators suggest that Bitcoin is ready to rise 200%

At the time of writing this article, bitcoin is trading at 5008 USD. It is in a bull run and after rising to a high of 5340 USD, it is currently stable at around 5000 level. Although, there are different rumors in the market and some suggest an imminent correction which is supposed to lead to a low below 3000 USD level, I do not agree with a big correction. I think bitcoin has started its big bull run and will keep rising with normal minor corrections.

So my personal advise is to keep holding bitcoin. It will rise immensely this year.

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