For the moonboi relay...
The weekly outlook continues, shifting from ¯\_(ツ)_/¯ to ᗰᗩᑕᖇO ᗪᑌᗰᑭ.
In traditional markets this week Tesla and Ford had bad reports, and Warren Buffett dumped some of his ill gotten BofA. Nvidia also took a little punching but will be just fine in the long run.
For Bitcoin, still being treated as a general risk on asset, price continues to shed value, and is unfortunately (or fortunately depending on your preference) picking up steam. The sell off is part way there, and I'd speculate that we get down to 60-61K in the coming days. In the past day we've touched below the 50 day sma. What's that phrase? "Moneyflow is leaving the asset". Good opportunity for long term hodlers to pick up more sats at a discount, but bear in mind that we are presently above historical baseline, cheaper sats may be available over the next few days as this current dip plays out.
MM: 1.08
BCMR: 1.13
#🌝