THE PIVOT

THE PIVOT

Crypto : The Summer Slog

All is not boring though.

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TechNova
Jun 22, 2024
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As I mentioned in my last update, the FOMC meeting came out with a hawkish slant. Only one rate cut... for now. BTC was close to $70K and waiting for a dovish pivot, especially after the weak data but that did not happen. So back into the chop we go.

I don't currently see a catalyst for a BTC break out at this very moment. So no reason we cannot just slo…

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