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RE: Bitcoin (BTC) Morning Update: A Healthy Correction is Good for BTC! Zig Zag (5,3,5) Correction Expected. See the analysis in this Blog!
It will be also good for ATCOINs as it is eating all its marketcap.
Hopefully, the correction will not be sharp enough to lead to an altcoin sell off, as bitcoin quickly climbed to more than 60% market cap, so profits from his last run should move in altcoin