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🚨 BITCOIN AND SOFTWARE STOCKS HAVE MOVED AS TWINS SINCE 2021. $IGV (software ETF) just broke to new highs. Bitcoin? Down 3.73% on the week, sitting at $70.8K. The correlation didn't weaken. It completely snapped. $BTC looks extremely weak.

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Crypto Rover

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58,717 views • 3 months ago •via X (Twitter)

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Bitcoin’s relative strength at 17 signals extreme weakness, pacing for its worst week since November 2020. Context matters: - BTC has traded in line with risk assets this year. - The IGV software index is down 21%, with many software stocks off 30–40%. - Locally, Bitcoin looks oversold. Cosmo Jiang on The Exchange.
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