$BTC LFG can we get the cake? https://t.co/oTtDhkhzGJ
$BTC LFG can we get the cake? https://t.co/oTtDhkhzGJ
bitcoin:native Short 11.3R
shorted with the whole @Chroma_Trading in chat
comical PA trying to re-live the UST depeg 🤣 https://t.co/rTQ56edzTj
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#BTC $BTC #Bitcoin
2022 $USDC Dominance history has repeated...
The green circled retest has been successful, enabling upside and thus Macro Risk-Off behaviour from investors since May, negatively impacting BTC's price since then
After all, Bitcoin's price was at ~$74000 in May and most recently price dropped into $58000
More, USDC Dominance has Monthly Closed above its Macro Downtrend (red), on the cusp of confirming a new Macro Uptrend
To fully confirm the breakout, USDC Dominance will be dipping into the Downtrend as part of a post-breakout retest
During this period of downside, Bitcoin's price will likely enjoy a relief rally (green July)
However once the USDC Dominance post-breakout retest of the Macro Downtrend is complete, upside for USDC Dom will once again emerge and Bitcoin's price will drop in response
#BTC $BTC #USDC #Bitcoin
The $USDC Dominance retest is now in progress
If 2022 history repeats, the USDC Dominance retest will be successful to precede trend continuation to the upside over time
#BTC #USDC #Bitcoin https://t.co/NxFPt1JwEs