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RE: BTC - I am cuatiously optimistic the bottom is in

in #bitcoin6 years ago

Somebody did hit the "Panic" button... We were clearly above EMA for too long and the market needed to find the equilibrium. A lot of companies were in verge of insolvency due to pressure from Corona virus so they cashed out all cryptocurrencies they could to avoid cash crisis. This is the crypto winter and the markets called for absolute zero.