🔴｜BTC Macro Analysis
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Two old men are arguing, causing the entire cryptocurrency market value to shrink by 4%, a decrease of 150 billion dollars, with a liquidation amount of 980 million dollars in contracts.
The overall trend of Bitcoin's moving averages hasn't changed significantly, which is not enough to indicate that a bear market is coming. As long as the overall structure remains unchanged, adding to positions during a pullback is a good choice.
Watch today’s closing strength; if it continues to break down, stop loss and exit. The next support at 93400 is being monitored.