This creates a that could break either way. I guess this is a reinforcement of my previous post that this is a no man's land at the moment.
The reason to think that prices could break to the downside is the big shorts that came in at 7400 BEFORE the crash (i.e placed by a group of insiders most probably) and havent closed them yet. delay could spark the capitulation maybe?
The reason for it to go up it would be acceptance (unlikely but you never know), Bakt in November, another call in December if the Sep one is delayed..
If you have an interesting theory that makes sense, please share it below, more minds are better than one.
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