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Bitcoin $7,000 Support vs $30,000 Resistance

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Bitcoin $7000 support vs $30000 Resistance

Until Bitcoin shows a larger divergence from equities it could be very risky to believe Bitcoin (BTC) is a risk-OFF asset.

More and more analyst are saying that with liquidity drying up and rates going higher, a mean version back to where Bitcoin’s rally started at about $7,000 is not out of the realm of possibility.

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