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Crypto expert predicts one last Bitcoin dump before ‘giga pump’
Following macroeconomics correlations, the cryptocurrency analyst known as CoinsKid believes that Bitcoin (BTC) is set for one last dump to the weekly 20 EMA price zone — of around $28,000 — before it could take off to a pump, as posted on August 7. Some of his followers look at this bold prediction with skepticism, pointing to a “bearish sentiment” in general. Checking the Fear & Greed (F&G) Index by CoinMarketCap, the sentiment is neither bearish nor bullish, but absolutely neutral — registering a mark of 50, right in the middle of the F&G chart, which reflects recent price action of BTC ... (full story)