$BTC Daily
Today's candle is important.
A clean break of resistance and out of this bull flag would target roughly $63,400, depending on where you draw the flag pole.
This $BTC chart might be more important than the price chart: bitcoin supply is being withdrawn from exchanges at an all-time-high pace.
Historically, bull cycles have ended AFTER liquid supply change flips positive (🟡)
That flip has not happened yet.
h/t @glassnode
@exez11@DeFiSushi@CreamdotFinance@SushiSwap Additionally, the strategy will always be profitable if the borrow APY is lesser than return APY of whatever you use sushi for. Staking sushibar's xsushi or farming it with a less volatile token. I agree with keeping watch of the health factor.
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