We need to clear out weak handed longs by travelling to 52k, then we can resume the ride.
Note
Just a dead cat bounce, supply came in at 56k, too many weak hands. Global equity crash tomorrow on fomc going to drag BTC down to 52,000.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.