From the desk of Louis Sykes @haumicharts
And, just like that, any residual strength in crypto has once again dwindled.
Guys, we like to keep it honest and real with you.
At a certain point, we feel obnoxious about being so repetitive. But we’re not going to tell you anything other than what’s happening — it’s just our job as technicians to follow the money flow.
In yesterday’s note, we outlined how we were taking a small, low-conviction long if Bitcoin $BTC was above 22,000. Just one day after we put the position on, Bitcoin’s fallen back into its range:
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