Simple graph showing BTCGBP at a critical point running into a major resistance level on the daily chart. Many indicators suggest that BTC is currently overbought but this yoke does have a mind of its own. Not financil advise, so its not.
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Looks like we have a rejection along the major resistance line. Bulls struggling to hold the line and push higher. BR-20 is in full shitcoin mode and has caused major a fee hike within the bitcoin network. Crypto market is adding more layers getting ready for new money to flow in at the next halving.
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Recent SEC ruling crypto a load of shite has seen most top 100 coins fall 15-20% overnight. BTC saw a 5% drop in value. Store of value that is, so it is.
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