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Seeking Alpha 2021-04-24 07:42:36

BTC-USD: This Is A Bull Market Dip

25%+ corrections occurred six times in the 2017 Bitcoin bull market and twice this year, with the most recent one occurring 61 days ago.This correction is well within the acceptable variance of the stock-to-flow model and hardly noticeable on the long-term model chart.A 40% correction to $39,000 is within the realm of possibility.

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