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Price looks promising for $BTC on a 1 hour time frame clearing resistance, but momentum already looks a bit oversold according to our RealMotion indicator.. unlikely to break back over $21,000 / 200-period ma
Are ETH whales setting up an unhappy Merge day?
Top whale addresses have sent a significant amount of Ether onto exchanges as non-exchange addresses saw a decline of 11% while exchange-based addresses have seen a 78% surge. https://t.co/xWbyPaIvmK
We often refer to the tight relationship between $BTC and $QQQ in our analysis and market commentary, so it should be no surprise that we're anticipating a bumpy September for Bitcoin/Crypto when it is also historically the worst month for both cryptocurrencies and stocks!
The Month of September is historically the worst for Bitcoin and the Crypto market, our Quant has chosen to go back to Cash potentially at the perfect time
$BTC back below the 50-day moving average, only remaining technical support preventing a retest of lows is the trend line that's been intact since the 2022 low on June 18