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" ... According to Bitcoin's popular narrative, it should be more in demand than ever. Instead it's stuck right in the middle of its two-year range. Since the explosive move in 2017, it's technically downtrending; the supposed reason for owning the asset has become more compelling, but the price is trending lower. That means people aren't buying the story that cryptoknights are selling. Nothing is more important to bitcoin's use-case as an alternative store of value than widespread adoption. ... "
" ... Bitcoin’s had a lot of dramatic ups and downs over the years, but there’s one very specific difference between the most recent run-up to $60,000 and every other all-time high: bitcoin was moving quite slowly. More specifically, it's now rolling over after the most gradual ascent to a new high ever. The high achieved on March 13 was the result of a month-long crawl of just 4% — the lowest 30-day return for bitcoin at an all-time high in its history, according to my analysis. It also notched an unusually low and downtrending 30-day RSI (a technical momentum measure). In other words, it never had more difficulty reaching a new high than it just did getting past $60k. ... "
" ... Kohl’s efforts include extending the casual lifestyle to home furnishings. The retailer has been driving sales of ath-leisure while also trying to reignite its women’s business with the exit of 10 downtrending brands. Net sales declined by 10 percent in the recent fourth quarter, but digital sales rose 22%, with the latter accounting for 42% of net sales. ... "