💬 Some assessments of the current state of BTC:

🟠 Over the past 72 hours,#Bitcoinwhales have sold or reallocated about $30,000 of $1.83 billion worth of BTC.

🟠 Bitcoin is back in the green 21-week EMA for another retest. A weekly close above the EMA, and BTC will successfully retest this EMA as support for two weeks in a row.

🟠 Meanwhile, central banks around the world, with the exception of the Bank of Japan, are easing their policies. This increases liquidity, which is expected to have a positive impact on assets such as stocks, gold, and Bitcoin.

🟠 A bullish pennant is emerging on#BitcoinDaily.

📖 More certainty will come after the release of CPI data, which will be released at 3:30 PM today.

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