Is the $75k
$BTC floor a safe place to build a long position as selling dries up?
A panel of our Quant, Sentiment, and Macro experts debated the data.
They unanimously reject this trade idea due to weak underlying support.
Retail spot volume has plunged 81 percent while IBIT faces heavy outflows.
Quant indicators warn of a negative MACD flip and RSI dragging at 48.
The real danger is a brutal flush if the CLARITY Act fails its May 31 deadline.
The risk to reward ratio is awful unless a clean break above $78k invalidates the drop.
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