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1D Correction thoughts

BITFINEX:BTCUSD   Bitcoin
Looking at the SQZMOM on BTCUSD I think we'll reach red soon. Will history repeat itself and reach a double bottom and continue up, or maybe go down for a triple bottom. Or will it just land somewhere in between?

I think the price will go down to between the current price and 3600, if it passed 3500, it could go down to between 3500 and 2000.

Let me know what you think. Share your charts for the same time period.
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