622: BITCOIN PRICE WILL REBOUND BACK ABOVE $50,000 HINTS BTC FRACTAL SETUP FROM 2019, SAYS TRADINGSHOT!!

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 4 July 2021

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. BTC faces the prospects of reaching $47,500-$50,000 based on its current trend's eerie similarity. In a chart provided by TradingShot, the 61.8% Fib level appeared near $47,500. Meanwhile, the other chart above showed the profit target near $50,000. For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:59.7	In today's show, as the Bitcoin price continues to break out, we're now facing huge resistance dated back to mid-May.
1:06.5	In today's show, I'll be breaking down the latest technical analysis on the daily as well as the
1:10.9	four-hour chart. And if you miss yesterday's episode of the Orange Bill podcast entitled Bitcoin
1:15.4	is Default Insurance. That had a very interesting guest on by the name of Greg Foss, quoting
1:20.3	him from this interview. The reality is, if you use the credit default swap market on sovereign
1:25.3	nations to price Bitcoin today, Bitcoin's worth, by my
	...

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