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Bitcoin fakes a breakout to the upside, then fakes a breakout to the downside again. This process is similar to the movement we had towards the peak of 73,000. It moved in this way for about 8 months, then altcoins dropped significantly, and then the bull market continued.
Bitcoin has entered a bear market, as we have discussed in our previous sharing. Here, we can wait for Bitcoin's action, which is a correction, followed by a new peak and a bear market. Meanwhile, like in the past, all alternative coins will once again experience a significant decline. When fear and panic reach their peak, that is, when everyone is fleeing the market, the market will rise again. At present, many alternative coins are preparing to rise. However, before that, Bitcoin needs to complete the correction. That is to say, as Bitcoin gradually undergoes correction, alternative coins will undergo a new correction. At present, considering the possibility of a drop of #BTC US dollars, provided that no other situation occurs. Alternative coins will drop significantly and continue to decline. We do not expect them to rise significantly when the correction ends, of course, time will prove everything. At present, the possibility of a new altcoin market before Bitcoin ends its downtrend is very small. And it may last a long time, just like in the past. Make wise decisions. At present, we are only waiting for cash.
#ETH #DOGE #PEPE #GT