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Bitcoin in April Changed EVERYTHING… The Truth Will Shock You ⚡️📈💥

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0:06

Hello everybody. It's Monday. Monday is

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the day we talk Bitcoin and Micro

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Strategy exclusively because things are

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happening and they are interesting. And

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this one's called shifting sands. And

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the reason for that is I am struggling

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to find bearish signals.

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A lot of things both onchain and

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otherwise are looking very positive.

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We're going to break it all down today

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as well. So, and if you look back just

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at the last six months, ever since the

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downturn,

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you could argue that, you know, since

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the high in October, we roll through 3

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months to the end of the year and then

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another 90 days to the beginning of the

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year. Technically, we've been going up

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since the beginning of the year. So if

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this is true, you could technically also

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argue that the bare market drop happened

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record time like 90 days and since then

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it's been a slow recovery. So let's have

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a look at some charts and figure out

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what's going on. I think I'm going to

1:09

sneeze. Whoa. I've never sneezed live on

1:12

stream before in five and a half years.

1:14

Weird. [snorts] It' be funny if I do it

1:16

today. I never never sneeze. This is not

1:18

financial advice. Sorry about that

1:20

digression. And shout out to Patreon.

1:22

I'm so happy I got into Patreon two

1:23

months ago.

1:25

already made enough to pay my Patreon

1:27

subscription for was that 20 years.

1:30

Awesome. We had some fun trades and

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yeah, 2026 I do want to stress it was a

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struggle to find alpha, but we were

1:39

lucky and got lots of great trades in.

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But remember, we're going into

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summertime, too, so things are a little

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overheated now. So, don't get too

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trigger happy. Slow down. Start building

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up cash reserves. start hedging again

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and then we'll see what comes next. But

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there could be a big rotation out of AI

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back into crypto. We'll see if that is

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on the cards too. Anyway, thank you so

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much McKenna Moss for being here. Now,

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let's look at some of the data points.

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First of all, um Bitcoin is up 3.8% for

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the week. Uh we had a spike to about 795

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yesterday, which was also a 90-day high.

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And that's also 33% off the bottom. And

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we have huge stacking by Micro Strategy.

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It continues another big week. They

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bought about 38,000 Bitcoin the last two

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weeks. Shocking. They now have 818,000

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Bitcoin.

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And that is a lot. I believe at this

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clip they could hit a million Bitcoin by

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August. I know Michael Sailor's gunning

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for a million Bitcoin probably by the

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end of the year, but again, if they

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continue at this clip, it's quite

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impressive. And it's not just them

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coming into the ETFs are back. But let's

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look at some of the other interesting

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news too. And I'm going to turn off my

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camera for this part so you can see all

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of the data. This is a whole bunch of

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snippets of things kind of I look at. I

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call it the shifting sands. And they're

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mostly bullish. Well, you look at the

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MVRV ratio bullish. Bitcoin dominance

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bullish. It's above 60. Stable coin

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supply all-time high bullish. That's the

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fuel that fuels crypto. Long-term holder

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supply very bullish. The holders are not

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long-term holders are not selling. In

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fact, they're stacking. Exchange flows

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little bit of accumulation, but there's

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not a lot of retail action. The

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institutions, ETFs, sailor, etc. They

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are the ones doing the stacking. The

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liquid supply is about 74% very bullish.

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Most Bitcoin is locked away. Even if you

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see stuff in exchanges, it's not for

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sale. Fear of greed 62. Wow, we were

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extreme fear for the longest time and

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boy did that change. So, I mean, I'm

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struggling to find bad news bears here.

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It's all pretty good. But let's look at

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some more stuff. Bitcoin is up 13% in

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April. Also very good. Historically,

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Bitcoin or not Bitcoin, April is the

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second best month of the year for

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Bitcoin after Moonvember.

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But May is also good too. Not that

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history will repeat because it hasn't

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repeated in the last two years. But

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again, not bad so far for April. And

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after the spike yesterday, we'll see if

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we can reclaim that too. Let's look at a

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couple of other things as well. Last

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night was kind of exciting as watching

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Bitcoin pump and we shot up. Like if you

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look and again wind back the clock to

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the bottom, it was like Feb 5, you know,

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combination of things in the Middle

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East, etc. Bitcoin take a nasty dip way

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down to 60K. A lot of people are saying

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that was the bottom. People like

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Fidelity, people like myself, etc. But

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there's a lot of Bitcoin experts are

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praying for 40K because they didn't get

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to snag anything at 60K. So hope is not

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a strategy. We'll see if they get their

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40k. I think it's unlikely. However, if

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you look at the action basically since

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April, it's just been up only constant

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accumulation. And remember, every time a

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billion dollars goes into ETFs, the

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Bitcoin price goes up by 3%. Remember

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that 3.16% to be precise. I will redo

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all those numbers again shortly. But

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what is important is on the ATR model,

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we broke through $79,000.

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That historically was a big level of

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resistance. If we can flip that, if we

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can stay above 79K for three days, that

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means we're heading to 80 85k pretty

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shortly. And after that, 96K, which is

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level five. 96K was also big resistance.

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But there's also some confluence around

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the 79K. We'll dig into in a minute from

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some onchain data. Now, we also had the

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highest weekly close since January.

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Again, we've been up only pretty much

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since January. Last 90 days have been

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very very positive and that's a good

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takeaway. Today is weak but that's okay.

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Monday often sells off but the spike on

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Sunday night was very interesting to

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watch. Now this is the weekly time frame

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for this chart and you can see the trend

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has not turned positive yet but it did

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turn positive on the daily a long time

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ago as well back around 67 66k. So we'll

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see where this goes. Now,

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back to confluence. We have a thing

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called the short-term holder realized

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price. That's at 82,000. We got within

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$2,200 of that last night. Now, why is

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that important? Well, this is the

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average cost of Bitcoin for the

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short-term holders. Now, sometimes what

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happens is if you have people that

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bought at say 82,000

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and then they saw the price going all

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the way down to 60K and they're like,

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"Oh my god, why did I ever try this

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Bitcoin stuff? It's killing me. Now,

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when it returns to 82K, they might say,

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"I can sell now and just break even,

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i.e. sell without a loss. No more of

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this Bitcoin headache for me or

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whatever." It's unlikely people will do

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that, but again, it is part of the

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mentality. But if we can get back above

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that short-term holder cost basis, that

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would also be very important. And

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that'll give people when they start

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making profit, they feel happier and

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they start buying more, too. But it

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could be a level of resistance at 82K.

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So watch this carefully and the exchange

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sell pressure has eased a lot too.

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Long-term holders not selling. Uh stuff

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is not saying now. Now that I say that

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though, Wintermute, who are market

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makers who like to play with the Bitcoin

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price, they have allegedly put

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20, 30, $40 million of Bitcoin to

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exchanges on Binance. So, there could be

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a little dump where this could be a

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contrived dump on behalf of somebody

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else. So, don't get shaken out with this

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little bit of uh $2,000 off Bitcoin

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price today. It might be contrived just

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like everything else in the markets.

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When you go into the markets,

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understanding that everything is rigged,

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you're much better off. If you think

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it's a zero- sum game, it's you against

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some random person on the street, it's

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not. There's bigger forces at play.

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Always go into the markets remembering

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that. Now, shout out to Ecoinmetrics. It

8:20

believes also Bitcoin recovery is well

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