A contrarian take: Bitcoin’s supply-and-demand dynamics are shifting—spot demand has turned negative, while whale accumulation is not yet widespread.
Everyone sees this as bearish. What I care more about is whether most of the selling pressure has already been released. It’s not uncommon for prices to stop falling after bad news comes out.
$BTC 24h +0.8%. The more similar news we get, the smaller its actual impact.
Everyone sees this as bearish. What I care more about is whether most of the selling pressure has already been released. It’s not uncommon for prices to stop falling after bad news comes out.
$BTC 24h +0.8%. The more similar news we get, the smaller its actual impact.