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Bitcoin Is Holding Strong, But Risk Is Building Up

Bitcoin held strong and pumped despite 4–5 big bearish headlines hitting the market.

But if a bigger bearish catalyst hits, the current strength may not hold.

$BTC is also looking overbought on some timeframes, while significant downside leverage has built up, if it starts unwinding, the move could be sharp.

Considering this, we’re currently swing short on BTC, ETH, SOL & BNB.

$BTC
btc
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+5.27%
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BTCBTC+5.27%


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