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Reflections #9 - Bitcoin a harbinger of a turn in risk sentiment?

Bitcoin down 3% today testing key support around 25,500 which held various times in the past.

After bitcoin failed to overcome critical resistance zone from 28,500 up to 33,000 it now looks likely to turn lower in the coming days with next downside attraction at the 200dma at 23,500.

As bitcoin lead the way for risk at various times before and SPX looking exhausted as mentioned earlier, look out for bitcoin for another sign that things are turning.


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