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Don’t Be Surprised to See Bitcoin at $70k-80k in a Few Weeks

BTC is had a fakeout below the bull pennant support line that caused a lot of fear and panic selling. I have been buying the fear and the price has rebounded nicely so far. BTC has swung from $56k to $64k in just a few short trading days. I think BTC can continue to rally in May, and I would not be surprised to see BTC trading at $70k or $80k soon. My two short-term resistance targets are $67.5k and $69k on the way up.

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