I am of the opinion that macro data and events are coalescing almost perfectly for a beautiful mid-September pivot (back) to #QE.
A new liquidity wave is coming, which is good for risk assets, in general.
And #Bitcoin is the Great Absorber of Liquidity… so you do the math.
Cheers.
This long consolidation has really shifted sentiment quite negative. Setting up well into the fall
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Agreed.