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Phappii
đ $BTC
$BTC sold off today and took out the weak low below us.
The move was backed by genuine bearish intent:
đŽ Aggressive shorts entered and were rewarded, while spot continued selling into the move.
The bounce afterwards was very different.
It was primarily driven by short liquidations, with no meaningful buying intent behind it. Spot also remained largely absent.
đ Key Level Now
We're now retesting the major nPOC from below.#BTCGoldCorrelation

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