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$BTC Review
BTC has reached a new high after dipping to 102600 as expected. The previous trading plan was almost perfect: $102662 for entry, $106600 for profit-taking.
- ETF continues to see significant net inflows, with a weekly net inflow of $608 million.
BTC has arrived at a very strong resistance level, with two drop-offs this morning at 106000 and 107000, indicating a peak. In the absence of major positive news, short-term strategies should focus on short positions.
BTC has reached a new high after dipping to 102600 as expected. The previous trading plan was almost perfect: $102662 for entry, $106600 for profit-taking.
- ETF continues to see significant net inflows, with a weekly net inflow of $608 million.
BTC has arrived at a very strong resistance level, with two drop-offs this morning at 106000 and 107000, indicating a peak. In the absence of major positive news, short-term strategies should focus on short positions.
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