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Issue 75 – Is the Selling Over?

By Justin Bennett

September 20, 2021

Members Only

Bitcoin suffered its second major selloff of the month today, putting September back in the losing column with the break below $47,100.

If you saw last week’s videos, especially the one on Friday, you saw today’s move coming.

With BTC off its recent weekend highs, everyone wants to know if the selling is over or if there’s more pain to come.

That’s what I’ll be discussing in today’s issue, plus updates on the S&P 500, DXY, BTC, ETH, ADA, and LINK.

Let’s begin!

Where to From Here?

Today saw Bitcoin decline as much as 10.2% at session lows. It mirrored the September 7th selloff in terms of speed, but it wasn’t nearly as deep.

For those that positioned themselves correctly over the weekend, today was a great day.

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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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