Someone Doesn't Want BTC Over $30k

Uncharted Lite 2

• The Bitcoin Risk Signal remains at 0 due to relatively low selling pressure, however, the price retraced toward the $27k support level. The short-term outlook remains shaky, yet we are overall bullish.

• Bitcoin’s dominance is stable at around 46% with no clear signs of weakness. Less than 20% of altcoins have been positive in the last 14 days. Meanwhile, bitcoin is flat.

• It is key to focus on the cross-asset structure to understand where we’re headed next: Bitcoin mimicking gold is structurally bullish, and equities are gradually picking up, yet -