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BTC Mid-term outlook

BITFINEX:BTCUSD   Bitcoin
After a huge sell off we have bounced off and seems to be correcting on an impulsive move to the down side. We probably have a final leg down before a correction of this correction before we finish off this wave 4 of the sub wave 3 of the main wave. Targeting around 5800 for the correction and shooting for 9k+ before another correction. Seems like alts will correct together during this current move but may reach new local highs during the B wave before making a larger correction for the C wave down.

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