How come that since early February the stock market has changed character from bullish to bearish, while DELL broke out to the upside? Well, that's what happens when 7 major stocks lead the market for years while others get pulled along by momentum rather than by an excess of liquidity. After a -20% to -30% correction in those leading stocks liquidity starts to shift. There’s no need for new liquidity and that’s the biggest mistake market participants believe in. Anyway, Bitcoin and crypto as a whole will follow suit soon.
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