Bitcoin is back above $80,000.
Why? Shorts got liquidated. $378 million in one hour.
But here is what nobody is saying: ETFs lost $1.1 billion before this rally. That money has not returned yet.
This is a relief rally, not a recovery.
Watch if ETF inflows come back. That is the real signal.
#Bitcoin #CryptoMarket
Why? Shorts got liquidated. $378 million in one hour.
But here is what nobody is saying: ETFs lost $1.1 billion before this rally. That money has not returned yet.
This is a relief rally, not a recovery.
Watch if ETF inflows come back. That is the real signal.
#Bitcoin #CryptoMarket