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US Dollar demand will return if BTC crashes to $20K

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Bitcoin (FOREXCOM:BTCUSD)  
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FOREXCOM:BTCUSD   Bitcoin
Supply and Demand Fibonacci Support and Resistance
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supplyanddemand fibonacci supportandresistance
Bitcoin is in bubble territory and may fall to $20k. Further weakness may cause panic in the markets pushing the price lower. Many retail traders are still bullish on the cryptocurrency.
snapshot

Outflows from the cryptocurrency markets may push the DXY higher.

Idee correlate

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