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BITCOIN: FULL RETRACEMENT

BITFINEX:BTCUSD   Bitcoin
Good morning. Rough times though as a trader. Bitcoin is in a full retracement. Expectations for a buy-in at $8000 is quite uncertain. I made a full TA regarding its full market cycle that's showing to move to a full completion. It wouldn't wonder me if bitcoin could go back to 88,1% Fibonacci retracement where we find a new buy-in at around $4000. Some colleague traders are taking the marketcycle bigger from another point and they showed me a possible buy-in at $3000. We'll see. For now I rest in fiat. Make your best decisions guys. Good trade!
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