R0MM3LL

Bitcoin Exuberance - Beware Retest of Support

Short
FTX:BTCUSD   Bitcoin
While $BTC Exuberance is increasing... it is absolutely reasonable to expect a retest and bounce:

$57.5k likely

$53.2k is in play as well

Reasonable expectation, flush leverage out, then rapid movement up.

This will require some type of catalyst/news event to trigger inflows.

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