1/2 The macro landscape is providing a decent tailwind for risk assets, unfortunately crypto is not joining the party just yet.
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2/2 The BTC chart shows RSI closer to oversold than overbought as a downward trend channel forms heading toward support. With leverage largely reduced and volumes dropping we are in need of a catalyst. With bad news mostly priced in, the market is looking for a reason to rally.
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Replying to @CoinbaseInsto
True, media damaged the coin

3:38 PM ยท Jul 14, 2021

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