$BTC down to $71,000. Above $75,599 I'm wrong.
Everyone watches price. I watch the fuel. USDT supply is $176.26B, down $570.1M in 1 day and $2.34B in 7 days. USDC is $70.09B, down $438.7M in 1 day and $1.17B in 7 days. Float is shrinking while the perp long/short ratio sits at 3.07, so retail is still long into less dry powder.
BTC is down 1.42% over 24 hours and market breadth is 132 up versus 483 down. A close above $75,599 and I'm wrong.
Which comes first, $71,000 or $75,599?
Everyone watches price. I watch the fuel. USDT supply is $176.26B, down $570.1M in 1 day and $2.34B in 7 days. USDC is $70.09B, down $438.7M in 1 day and $1.17B in 7 days. Float is shrinking while the perp long/short ratio sits at 3.07, so retail is still long into less dry powder.
BTC is down 1.42% over 24 hours and market breadth is 132 up versus 483 down. A close above $75,599 and I'm wrong.
Which comes first, $71,000 or $75,599?
