In short

  • Bitcoin reached $87,395 yesterday, its highest level since January, and sentiment followed

  • Strive and Strategy bought both, while spot ETFs absorbed $999 million in one day

  • The loan-to-value ratio rose rapidly, and one U.S. demand indicator is not yet positive

Read the original story Bitcoin hits a 7-month high as FOMO peaks, but 2 signals still warn caution by Kamina Bashir on no.beincrypto.com