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Local Distribution for $BTC
GM,
Since early this month, BTC rallied +17%, so a pullback here is normal.
A drop to 112k or even a liquidity pickup from 110k is possible, before resuming the uptrend.
This is NOT a bearish post for Bitcoin, just a reminder of short-term Price Action.
Only under 108k weekly close, this trend loses momentum short-term, till then, business as usual 🫡.