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Caleb Franzen: Bitcoin has not closed below $75,000 for two months

Caleb Franzen: Bitcoin has not closed below $75,000 for two months
Bitcoin holds above $75,000 for two months

Bitcoin has maintained daily closes above $75,000 since August 20. Caleb Franzen described this two-month period as holding a momentum thrust and characterized it as "Not Bearish."

Franzen has previously criticized Opendoor’s performance, noting the stock is down 87.8 percent since its IPO while major indexes gained (link). In a separate analysis, he observed a bearish engulfing candle in the S&P 500, with tech and growth stocks underperforming their cap-weighted peers (link). His commentary reflects ongoing attention to sector-specific momentum and risk.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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