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Unusual state of affairs just now,where volatility in BTC is less than stock market, for weeks hardly $500 price difference. This will eventually break violently, to the downside imo as liquidity continues to dry up.
I pointed out inconsistency in the Bitcoin chart last November when not a bear in sight. I see no meaningful resistance until around the 10000 level. Cryptos depend on liquidity and there is precious little of that.
Last November, I red flagged cryptos and all I got was a load of abuse from the rabid bulls. Cryptos depend on excess liquidity to prosper and that is drying up fast. More downside on the way.
If that is the case ,you'd better forget about Bitcoin and cryptos .Precious metals breaking out big time. I seem to remember calling the top of the market last year, to howls of abuse.