In today’s briefing:
- Crypto Crisp: More Friendly, Still Overbought
Crypto Crisp: More Friendly, Still Overbought
- Last Thursday, I shared my conviction in our Telegram crypto chat:
- My two cents: We touch $100,000 (or very close) but we do not comfortably get on the other side.
- This makes all the leverage and open interest (and retail euphoria) turn against us.
- After witnessing the Bitcoin price face repeated rejections since then, I am even more confident in this view.
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