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What Would You Hope For in 2020?Welcome the new Token Metrics weekly newsletter.In this newsletter we share the following:BTC TACrypto Wishlist for SantaGratitude and Spirit of Crypto30-Day BTC Price PredictionToken
If Cosmos can break through 5151, a rally back to the highs is possible. If you're long, leave it. If you're not long, wait until a breakout above 5151 and then buy a dip from there.
You don't know how we would love to see a recovery in Ethereum (ETH) above 160. A recovery above that level would allow for a much more bullish stance on crypto.
We find ourselves hoping that you can start buying dips. If Bitcoin ( BTC ) proves itself on dips, then the correction may be over, and a bull trend can begin.
You have to be wary of chasing big snapback rallies. Headed into the Thanksgiving holiday, we fear more downside is on the horizon, and the decline could be more significant than people expect.
If the Chinese crypto crackdown is creating forced liquidation pressure, Ethereum (ETH) could still be in trouble if there is no follow-through on today's rally.
We can hope this decline somehow stops. The key to recovery or stability will be to see if Ethereum (ETH) can recover back above 153. If not, big coins are in trouble.
6k is the minimum downside target. The final downside target could be much lower because we don't know what the catalyst for the decline is. BTC1 could fall until the exact catalyst is know.
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