Bitcoin Liquid Index
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Bitcoin PnF Chart

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I think this chart goes some way to explain the bearish sentiment in some quarters, but if we are on a "Bull Run" it is also not hard to expect $48/48.5K as a realistic target in the near term!

*PnF = Point and Figure

school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method


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