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I know a lot of people will disagree with this, but I believe that this will go up again. This is part of the psychology market cycle or Gartners Hype. (feel free to google) The same exact pattern is reoccurring just on a bigger time frame. There are fractals on top of other fractals. The psychology of the market makes these skyrocket within a limited duration, but take forever to retrace. It feels like it bleeds out until it reaches just below the .786 mark and consolidates for a while before shooting up and repeating the same pattern over. History repeats itself.
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