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Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K


NewsBTC
2021-06-25 18:58:24

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […]


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