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In the wake of the crash to $3,700, investors thought Bitcoin was on a certain path to fresh macro lows under $3,100. But, this has quickly changed as the cryptocurrency has embarked on a stunning recovery, reaching $7,500 last week on the back of hype regarding the May 2020 block reward halving. Unfortunately, the 100% move from the “Black Thursday” low is coming to an end, with key indicators suggesting that a correction of the rally is imminent. Related Reading: Ripple’s XRP Just Reclaimed a Multi-Year Trendline: Why This is…
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