Replying to Avatar ภ๏รtг๏ภคยt

Looking at the daily chart today, we can see that Bitcoin has already moved down 4% from the weekly open. This is because of the news about Mt. Gox starting repayments of Bitcoin to customers. The current area of $61k is a significant daily support level, and we have just taken a large amount of liquidity here but no real bounce just yet. I am watching liquidity increasing at $60k and under now, so the move down may not have finished.

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The Bird 1y ago

I picked up a few more sats where we are, but holding the powder for a bit longer at this point

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