$BTC update Bulls lost steam up here at the 6M rVWAP which was highlighted when first hit Funding has flipped positive - passive perp bulls trying to hold this up despite spot markets wanting no involvement? There is still a sliver of hope here for bulls and that's simply not losing the 75.5k area. If that happens, we'd have to accept that it was a false range breakout just like we saw last January.
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