After a parabolic bull run, major corrections always begin with failure to meet all time highs after a dip. Not going to establish bear targets until I get more confirmation that this now a bear market.
Lots of potential fear and uncertainty coming from the FTC and China would could trigger a sell off to lock in profits from investors.
Note
On the bottom I put moving PE ratio for reference of how low it used to be
Note
Seeing a pivot where I marked the bull trap, i wouldnt have high hopes if you're a bear
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