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$BTC daily.
Things I like: potential Higher Low forming on the daily. Selling is being absorbed and strong buying coming in.
Things I dislike: line at the top showing a lot of sellers above the line, highlighting BTC's inability to break above and out of this range. Not enough buyers.
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> Potential higher low is attractive for signal because also coupled with:
1) Terrible sentiment
2) Recent aggressive price decline
Line above is attractive for signal because:
1) Massive geopolitical uncertainty
2) Line is a consistent downtrend
3) Quantum fears
Conclusion:
No big trades for me yet, I've nibbled at spot at $63k.
Market is undecided, i'm not convinced we don't see lower. Geopolitical is too aggressively uncertain to rule out 'nothing ever happens' thesis.
Likely outcome:
Crab this range then dump on bad news, form multi month lows around $55k - $38k.
Everyone declares crypto dead....

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