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Crypto pitfalls
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Dec 9
We don't know if Bitcoin made a top. Nobody knows; anyone who shows too much conviction is simply good at the theatre. On the bullish side, we didn't have the typical exhaustion candlestick of the end-of-cycle hubbub. The coin doesn't usually glide so close to the last high so sparingly. On the other hand, the bearish view, the extent of this bullish phase already exceeds that of the last 2 bull markets. All the typical signs of excess showed up. Remember: any evidence has no g...
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