Bitcoin

The Model

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1] The base-line: 300% appreciation per annum
2] Retracement from the peak to 0.78.. key Fib level [to 25% of peak price]
3] 2018 - continued correction; 2019, recovery to ATH; 2020- new all time highs
4] New spike begins with the recovery of the ATH.
5] 5K bottom

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