Lowering expectations for ARB. Seems that this level for ARB is correct when 46K BTC. Historically ARB has traded here when BTC was at 46K, with one time being much higher. Would suggest that BTC reaching previous ATH would put ARB at around £2, not reaching historical highs. Of course other factors could trigger a better return on ARB from here.
ARBBTCUSDTrend Analysis

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