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RE: Bitcoin Works Off Oversold Position and People are Calling Bottoms?
Hard to tell in this market, things seem to change drastically day by day. Good news has minimal impact while 'bad' news has a larger effect. Until we are above 8k I think we will continue to see this type of sideways trading.
I'll take sideways action above 6k all day. If you come back down to test 6k again, well odds are against us on holding up.