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I just noticed that Bitcoin is still stuck around $72.93K, even though the gold and silver rally that was trending earlier is starting to show signs of fatigue. It seems like the bullish momentum is beginning to slow down. It's interesting, because every time a traditional asset rallies hard, crypto tends to get less attention from institutional investors.
By the way, CoinDesk, which covers the crypto industry, has very strict editorial standards. They have principles to maintain the integrity and independence of their reporting, and they are transparent about conflicts of interest because Bullish (digital asset company) owns them. So every news they release has gone through proper editorial checks.
But let's focus back on the chart; what's important now is how Bitcoin can break out of this level. If gold continues to weaken, there's a possibility that capital flow will shift back into crypto.