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Proof of Reserves
Gate promises 100% proof of reserves
Pretty much as anticipated
Monthly levels are still very clean and capping price as we continue to range and compress
Techincially below Monthly vwap implies market wants lower in the interim
We ran some juicy lows and stops which was my prognosis
Now onus on bulls to carry from here
Below 87k then I think this sets up for a larger compression break down towards last month lows
Not anticipating anything material (no major breaks or deviations below range lows tbh)
Happy trading
#BTC