#Anthropic’s trailing 12-month revenue is up about 1200%. I’ve noticed something pretty absurd: AI hype can’t even get Bitcoin moving anymore.
$BTC 79670 is crawling along near the 30-day low of 79221, just a few hundred bucks away.
The derivatives market looks even more telling: open interest is still rising, and the active buy/sell ratio is 0.83—clearly, traders are adding to their short positions.
I’m leaning bearish here. Even positive external news can’t make the slightest ripple.
What happens first: a break below 79221, or a move back above 80297? Pick one.
$BTC 79670 is crawling along near the 30-day low of 79221, just a few hundred bucks away.
The derivatives market looks even more telling: open interest is still rising, and the active buy/sell ratio is 0.83—clearly, traders are adding to their short positions.
I’m leaning bearish here. Even positive external news can’t make the slightest ripple.
What happens first: a break below 79221, or a move back above 80297? Pick one.
