Absolutely a brutal chop fest. The good news? We were all prepared for it, and know that it is highly likely to continue for many months. Hopefully it will not, but if this is just a “normal” 4-year cycle, then we could be doing this until the fall.

At the moment, Bitcoin is retesting the range lows set after the all time high. Bulls want to show some strength here and hold price above ~$60,700.

scott.melker@texaswestcapital.com
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