There's a huge passive demand for $BTC around $50,000-$60,000.
This could be most likely the bottom zone for Bitcoin with a possible wick below $50,000.
Pakistan says Iran will reduce its uranium enrichment to just 0.7%.
Along with that, Qatar will release $6,000,000,000 in funds as US-Iran talks start.
$BTC is right into the resistance zone.
$64,000-$65,000 is the zone to be reclaimed for any upside.
If Bitcoin gets rejected from this level, the chances of revisiting the lows will go up.
Before a TGE, I spend more time looking at network activity and user growth than market sentiment.
The millions of transactions since mainnet launch make $ARX worth paying attention to from a data perspective.
With the TGE on the 22nd, it will be interesting to see how those fundamentals translate into market demand.