Telegram Trading

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Assessment:  Nothing much doing in the stock market lately. A slow grind higher with bears holding the line at $530 in SPY for resistance. Need to see who wins the tug of war to assess direction.

In Bitcoin, prices back to the $70K area after price kept bouncing around the $68,175 pivot. Tough to read much at this level of BTC other than we are at a level of strong resistance. A breakout though could be very significant and lead to far higher prices given the lack of price discovery above the recent highs.

BTC Chart:

Good luck in your trades!