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@crypto trader
The market is still in a defensive phase, and I don't think clearing out leveraged longs is enough to call a bottom.
Bitcoin around $76,900 is facing an important test. The rejection of $80K has changed that level from support into resistance, and until BTC can reclaim it with conviction, sellers still have the upper hand.
What concerns me is the lack of a convincing recovery across the broader market.
#USCorePCERisesTo3.1%
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