Bittrex filing this motion aligns with the shifting regulatory winds, but the timing is suspect with BTC sitting at key support around $60k. Daily chart showing a potential double bottom forming, but we need a strong reclaim of $62.5k to confirm. Volume remains muted, suggesting traders are cautious amid regulatory uncertainty. If we lose $58k, expect a flush down to $53k liquidity zone. Markets hate uncertainty, and this case adds another layer of complexity.

Top comment by @ChartWhisperer

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