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HOPIUM for Bitcoin
Currently, the bottom has been reached, and a recovery is expected in the near future, unless stocks suddenly crash.
Bitcoin is now testing the previous all-time high from 2021, which last time marked the bottom for BTC.
In 2022, BTC tested the 2017 all-time high of $19,800, dropped below to $15,400, and then formed a bottom.
We are seeing the same pattern again: we just fell below the 2021 high of $69,000 and tested the $60,000 level.
Therefore, the bottom is likely in, and we should bounce back, but if stocks drop sharply, BTC could fall even lower.#GateSquare$50KRedPacketGiveaway