TLT Is In Deep, But Corrective Decline since move is out of wave B triangle that can limit the downside for wave C of an A-B-C correction.
Crypto Market Is Still In A Higher Degree Correction, as we see it in sideways consolidation within uptrend by Elliott wave theory.
Bitcoin Slows Down At 70k As Nvidia Keeps Consolidating, so as soon as correction on both assets is completed, we may see a bullish resumption.
During Asian hours Australian CPI (Y/Y) came out lower than expected 3.4% (est 3.5%; prev 3.4%). Aussie holds support for now, but RBA can be closer to dovish views.
BTCUSD Longs/Shorts Ratio Shows Support For Bitcoin from a technical perspective, as we see it back to the lower side of a range.
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