If you look to the Bitcoin currency from the 1-st of January 2016, you will see a regular pattern: price was dropped to the MA20 every time when the new bubble bursted.
To my opinion this correction is necessary for healthy bitcoin growth.
Only one thing can break this rule: the SegWit. It can start agressive growth of the price from 1-st of August, but one day it will drop anyway.
Let`s see what happens. God save us all :D
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