Community post
Will $BTC price crash this week?
The image above is the weekly Bitcoin price trend. The price right now is $2,738. Notice that the current price is way higher than what you would expect if it actually followed the weekly trend. Is a correction imminent?
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UPDATE: On Wednesday 26th of July at 07:45 UTC (that is, 2 days after writing this post), the current BTC price is $2,469. That is an 11% drop. So, yes, correction was imminent :-)