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🚀 After the -20% Bitcoin decline, should You buy Bitcoin now?

Institutional Crypto Research Written by Experts

Author

10x Research
January 24, 2024

👇 1-10) After being widely bullish since September, we had turned cautious by mid-December. We recommended liquidating all crypto stocks by the end of December (which, at that point, had made 100-300% in profits). We warned on January 3 that Bitcoin would decline to 36,000/38,000 and that any January rally attempt should be faded.

Exhibit 1: Bitcoin testing the 38,000 support (dropped to 38,500)

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