I think bitcoin has hit the peak of its current trend. Looking for a retracement to support. Last time we were in this area was October 20th. Although i'm bullish on bitcoin, I have to be realistic here with the sentiment that we should expect a small retracement to the previous low. I can see price pulling back to 38 to 61% of previous low on the 4 hour time frame. Looks like bitcoin should respect the range its been following before a new high or low. Let's see what happens!
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