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Bitcoin retests $65,000 again.
We’re still choppy, and no major move has happened yet.
This is an extremely tough resistance Bitcoin is facing. There are many short positions stacked around this area (selling short).
This happens because many people expect a trading range in a market that isn’t very favorable for the bulls.
In any case, I’ll remain bearish until the end of this roughly 4-year cycle, around October.
$57,000 is next.
DYOR
#BTC
$BTC