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Choice4u
$BTC Glassnode threw out a line saying "breaking below the real market average," which is basically a death notice for the market.
Switching to the 4-hour chart, the 75,000 round number support broke as soon as it was tested, with five moving averages above acting like an iron net tightly covering it. The J value dropped to 37, RSI is stuck at 34, the indicators don’t yet show extreme oversold conditions, but the market hasn’t even put up a decent struggle, just softly sliding down.
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