June 2023 So Far, Bitcoin Wrap-up Part 1 - Live E350
Bitcoin & Markets
OPEC to Cut Oil Production by Another 1 Million Barrels Per Day
OPEC to cut oil production by another 1 million barrels per day people. We just talked about this last week, I think, and I said, Oh, I don't think it's coming soon because we didn't see in the charts. But now if you zoom in on this chart here,. You do see two days prior, having a bump up. Going into the OPEC meeting in Vienna. And now we've had the announcement. We did rally all the way. Or it opened up at the 50 day moving average, which I think is very interesting Because if you look back at the April cut, it also happened at the 50day moving average. So very interesting.
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