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Stocks Quite-Out As Bitcoin Turns It Up!

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Bitcoin trading on Bitstamp since Oct. 25. Source: TradingView

“On high time frame chart this weekly level ~$13,875 is next logical resistance. It rejected 2019 rally pretty hard, second test will be less violent but I believe there will be a reaction. Taking out that ’19 high into weekly supply is one to watch for.”

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Bitcoin: daily exchange deposits and aggregate balance on exchanges Source: Glassnode
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Source: Kevin Rooke
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Cryptocurrency Research and Hedge Fund

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