Bitcoin's Resilient Trends: A Year Of Compliance Since FTX Blowup
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Bitcoin bottomed, appropriately enough, on the day that FTX blew up. Since then, it has pushed up massively, but even over the course of an entire year, it has been remarkably compliant with one simple trendline. It moves to “overbought” and “oversold”, and at the moment it’s more or less fairly-valued (if we can even use such a term).
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