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Bitcoin (BTC-USD) and other cryptocurrencies experienced a sudden crash, dropping to levels not seen since October this year.
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Can we expect a bitcoin crash soon? Crypto technical analysis says so Bitcoin (BTC-USD) and other cryptocurrencies experienced a sudden crash, dropping to levels not seen since October this year.
The Previous corrections Looking at the price development of Bitcoin over the last couple of years, we can see a couple of serious corrections. We’ll take a look at a logarithmic chart. Due to the exponential nature of Bitcoin price increases in the past, I believe it is best to use a logarithmic chart to analyze price changes.