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Bitcoin Technical Analysis: BTC Bears Are About To Take Over (April 2020)
Bitcoin has recently been pumped by Tether (USDT) printing. Every time we have seen the market come close to a major decline, we see these attempts to save the price from falling with more Tether printing and money being injected into the market. This not only about Bitcoin. Recently, President Trump said the big oil deal with OPEC Plus had concluded but it couldn’t save WTI Crude Oil (USOIL) price from falling below $20/barrel. The point is, manipulation like this might stall the inevitable but it cannot prevent it.
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