Bitcoin dropped to $60K and then bounced back around $69K 📉📈

But the derivatives data is clearly saying:

⚠️ This is not the real bottom

Currently, futures are only at a 4% premium,

while at the real bottom in 2022, there was a 9% discount.

This means panic selling is not yet complete.

Stay alert 👀

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#Bitcoin #BitcoinUpdate #BitcoinCrash #USRetailSalesMissForecast $BTC

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