I'm still not convinced that stocks have bottomed.

Bitcoin most likely has. If it falls below its major EMAs, I'll start raising concerns around that.

But remember this:

Risk assets can trend higher even as trade tension headlines and bad consumer sentiment.

As the saying goes... stocks (and therefore BTC) don't bottom on good news, they bottom on "less worse" news.

The market is a forward-looking pricing mechanism.

So analyze price and you will inherently be focused on the most effective crystal ball in human history.

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