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RE: Short term trend looks to be down for BTC
I feel $16k would be the area for a stop still $18k as you said would be a very nice opportunity for longs if appears. Also SP500 at its weekly trendline resistance so a pullback possibility is much higher.
Agreed. The fact that bitcoin has been lagging stocks lately doesn't give me much confidence right here, especially if we get a pullback in stocks...
I think that this will get a leg up with ETH about to merge