#Bitcoin Just keeps chugging along as it has formed yet another higher low in this up trend since the August dump. $70K is the level to watch for continuation higher. This also marks the July highs right before the big flush in August happened after that.

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ETH + SOL market cap is down significantly from H1 2024 while SOL is trading near the highs Overall, Money has left the L1 ecosystem but a lot of those that sold ETH simply rebalanced into SOL When SOL flips ETH I believe it will be with SOL higher from here and ETH lower

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2022: Russia's central bank wanted to ban #Bitcoin and mining. 2024: - Legalises Bitcoin and crypto mining in Russia - Ready to approve 2 cryptocurrency exchanges - Sovereign Wealth Fund investing in Bitcoin mining across BRICS nations - Considers settling trade in $BTC

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Bitcoin on the daily timeframe looks bullish. Multiple candle closes above trend. If Bitcoin fails to claim the Value Area High and rejects, the next bullish retracement is at the Point of Control round at ~$63K