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Posted by
Two Blokes Jun 22 -
Filed in
Stock
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5 views
Downgrading IBIT from buy to hold due to stalled momentum and lack of breakout above May highs, despite strong year-to-date returns. Bitcoin's price action is mixed versus gold and equities, with recent consolidation and divergence from traditional risk assets raising caution. Potential downside support levels are near $98,000, with risk-off catalysts like geopolitical tensions or weak economic data threatening further declines.
