Bitcoin shows a decent correction, but is still above the 20 week moving average. A drop from here to the 20 week MA could help us answer the question, “Has the bull market started?” If we hold the 20 week MA as support, then we have a lot more evidence that the bull market has in fact started. If we do not hold, we are kicking the can down the run, and altcoins will likely bleed heavily against USD and BTC.
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