Ferio

Bitcoin can fall as low as 4k with stops between.

BITMEX:XBT   Bitcoin
Bitcoin play is repeated like last year. Last year alts were pushed hard up only to dump it to USD. This happened around 6k area aswell as the 4k area.

For now I see bitcoin fall to the 6k area, might be a double bottom in play there for move up, but end target will be lower than 6k. Target is the 5k mark, but I wouldn't be surprised if it pushed through and all the way to 4200.
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