I feel this is the perfect setup in regards of timing for the expectations that BTC will bottom under 5000. If we finally do I think we will have a lot of new investors in crypto. Then there is the expected ETF decision 9th of August. People will want to get in case a positive decision from SEC.
If this plays out I think we will see a new bullrun if the ETF is approved. I don't think we are that lucky though... Exciting times
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