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Bitcoin Right Now

Before jumping into Bitcoin - a quick note here from Zerohedge.com on Goldman’s look at the tape heading in to this week:

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Bitcoin 1HR

Bitcoin 4HR

Bitcoin Daily

Thoughts and observations:

  • Appears to me there was absolutely a little rally/bump over the weekend and it respected the 82-85 zone and that $88K level noted here and by Glassnode and others as well . . . . . . .

  • 1HR and 4HR Money Flow are back to Red . . . . . . not saying it will plunge just saying the 1HR/4HR Money Flow is back to Red . . . . .

  • Money Flow on the Daily a little bit improved . . . . .

  • Time will tell . . . . . does not look right now like it will life the entire Nasdaq higher on Monday all by itself, but potential rallies higher are not completely out of the question in my view . . . . . . what is Max Pain this week?

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