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Bearish case is simple: we go maximum to $6300 and after that we see a correction towards $4800 or $4200. I think if this scenario plays out we will see a litte bit of sideways movement where alts have some space to move.

Risk/reward of being bearish now is pretty high. If the bullish case plays out I expect a retrace anyway to at least $6000, which it is at right now.

Not financial advice, just some scenarios.


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