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Unwinding

Bitcoin won't find support until is breaches $10kThe great unwinding of excesses after the COVID crisis continues. Bitcoin will not attempt to find support until it reaches $10k or lower. The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations. Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event. July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then. Stay cautious and follow my research.
BITSTAMP:BTCUSDShort
by BradMatheny
BITCOIN: BTCUSD Unwinding - good space for day traders todayBitcoin: BTCUSD Looks to be unwinding here so should be a good space for nimble day traders today - neutral to ultimately bullish, but some unwinding to go through first.
BITSTAMP:BTCUSD
by sumastardon
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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