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Seeking Alpha 2021-08-12 18:48:26

Bitcoin: There's Blood In The Water

BTC-USD prices have rallied by more than +60% since July 20th.In most cases, this would appear to be an excellent rally that supports the long-term prospects for an asset.However, it appears much more likely that there are shorter-term forces currently guiding market trends and the potential for BTC-USD stop-loss hunting could accelerate near the all-important 50k level.

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