Short BTCUSD with macro tailwinds and stretched technicals

Mar 31, 2021Momentum/Volume drying up similar to mid 2019 environment with extremely stretched technicals. Macro environment (rising rates & inflationary expectations) also stacked against stretched (especially levered) assets. DeFi growth/institutional adoption will keep happening, but BTCUSD will likely enter a multi-year correction / consolidation period.

Apr 4, 2021

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Lower High on daily/daily moving average printed
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