as it stands, we have left an ‘air-pocket’ between $111k and $117k, which may act as a magnet for the price if we run out of steam.
The key takeaway from all of the above charts is that we have fully flushed out this batch of shorts, and we’re now in a market where everyone feels confident going long, increasingly with leverage.
teeerifying
Hashtag, the Bitcoin Fermi paradox
Stacker News
Why Did Bitcoin Jump in Recent Days? (Checkonchain, James Check) \ stacker news ~econ
I like explanations of price. I know it's mostly just mumbo-jumbo and reading tea leaves, but it leaves me very annoyed when prices move for no obv...
