ChiefMacro

BTC/NDX Bear Flag - Bitcoin Weakness

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Consistent with my overall view of Bitcoin (short), and as previously mentioned - this chart shows a bear-flag in the performance of BTC relative to the Nasdaq. In previous posts, I had noted we could expect BTC to underperform NDX.

What this suggests is that Bitcoin remains weak and getting progressively weaker.

Let's see how it plays out.

God Bless.

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