As you can see from all the fuzzy clutter, both the Bears and Bulls appear to be getting tired. When considering the lack of Bull enthusiasm and commitment this past week (except for a few Charges to break through a ceiling) the Bears seem to be slowly wearing them down. Every day without strong positive movement further erodes would-be bull optimism. People are starting to worry, and after the big downturn this spring many have realized Bitcoin is not an unstoppable juggernaut, and with more institutional buying, it will become increasingly affected by Wall street. If wall street has a bad day, so will Bitcoin. Just one more external factor gaining influence, and it's probably not a good thing.
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