BTC pulls down, with upward momentum
The ways of the market are ambiguous, yet interpretable. Pressure clearly continues downward; buying is drying up. We need to get back into the upward channel towards 20-21 in the coming few days. The set-up offers this move, but with DXY in the window, seems we're in for a big move no matter what. Relief rally as everyone else talks about 'haven't hit the bottom yet' seems reasonable, if not optimistic and naive. Once we break 23, we're in for a quick move back to 29. Wait for it.
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