š° Bitcoin is back above 80,000 againāthis time itās a bit different
This time itās not just a pure short-squeeze. ETFs have had net inflows for 8 straight days, totaling $2.6 billionāinstitutions are buying with real money.
Coinbaseās price is higher than Binanceās; it hasnāt happened in three months. US institutions are snapping up assets at a premium.
Even more interesting: when AI stocks are surging, Bitcoin is rising too. Previously everyone kept saying āthe seesaw trade,ā but this time after Nvidiaās earnings blew up, both sides took offāno one has to sacrifice the other.
Jackson Holeās debut by Warsh is coming upābetting heāll be dovish. Weāll see at the 80,000 level.
#ęÆē¹åø #BTC #å åÆåøåŗ
This time itās not just a pure short-squeeze. ETFs have had net inflows for 8 straight days, totaling $2.6 billionāinstitutions are buying with real money.
Coinbaseās price is higher than Binanceās; it hasnāt happened in three months. US institutions are snapping up assets at a premium.
Even more interesting: when AI stocks are surging, Bitcoin is rising too. Previously everyone kept saying āthe seesaw trade,ā but this time after Nvidiaās earnings blew up, both sides took offāno one has to sacrifice the other.
Jackson Holeās debut by Warsh is coming upābetting heāll be dovish. Weāll see at the 80,000 level.
#ęÆē¹åø #BTC #å åÆåøåŗ