Two things happened this week that changed how I'm thinking.
First, the big $BTC moves. We saw whales load up on $1.2 billion in BTC, plus ETFs pulling in $750 million. That's some serious demand, and it makes the movement of 200k bitcoin from long-term holders look more like a custody shift or reorganization for trading, not a dump.
Also, the $BTC chart is quietly tracing out a bullish setup.
First, the big $BTC moves. We saw whales load up on $1.2 billion in BTC, plus ETFs pulling in $750 million. That's some serious demand, and it makes the movement of 200k bitcoin from long-term holders look more like a custody shift or reorganization for trading, not a dump.
Also, the $BTC chart is quietly tracing out a bullish setup.