Bitcoin's weekly RSI mirrors the bearish market of mid-2022, with BTC repeatedly rising and falling as it engages in the liquidity game. After surging to $70,000, Bitcoin retraced once more, and against the backdrop of U.S. bank holidays, a liquidity trap began to define BTC's price movements.
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Bitcoin's weekly RSI mirrors the bearish market of mid-2022, with BTC repeatedly rising and falling as it engages in the liquidity game. After surging to $70,000, Bitcoin retraced once more, and against the backdrop of U.S. bank holidays, a liquidity trap began to define BTC's price movements.
Note: The phrase "round tripped gains" i…