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Mom, can you come pick me up?
I'm scared. Source: Trend Spider
Bitcoin's weekly RSI is at its most oversold level since the April bottom, the end of last summer's 'chopsolidation', and the end of the last bear market.
Source: Joe Consorti @JoeConsorti
Bitcoin's 50-day moving average is a few days from crossing below the 200-day moving average.
Each cross marked a local bottom: • September '23 • September '24 • April '25 If BTC is still in a bull market, the local bottom is forming. Holding $100,000 remains crucial. Source: Joe Consorti, Bloomberg
About $2.7b has come out of the bitcoin ETFs in the past month
New chart from @JSeyff puts it into context, and shows the two steps forward one step back pattern, it represents just 1.5% of total assets = 98.5% of aum hanging tough. Source: Eric Balchunas, Bloomberg Intelligence
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