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BTC/NDX Bear Flag - Bitcoin Weakness
Consistent with my overall view of Bitcoin (short), and as previously mentioned - this chart shows a bear-flag in the performance of BTC relative to the Nasdaq. In previous posts, I had noted we could expect BTC to underperform NDX.
What this suggests is that Bitcoin remains weak and getting progressively weaker.
Let's see how it plays out.
God Bless.
What this suggests is that Bitcoin remains weak and getting progressively weaker.
Let's see how it plays out.
God Bless.
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