Prediction evidence

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Kayne (formerly Penguin)

@ThePenguinXBT

$BTC We had a nice initial move higher, but price then came back and took out the low pretty aggressively. Not what I wanted to see, to be honest. The larger macro picture is still in play, with invalidation at the July lows, but the local low I was watching hasn’t held. For now, I’m waiting for price to come lower again before looking for the next move higher. Eyes on $70K first, then $64K if we get a deeper move.