$BTC down to 75,500 by Friday. Above 79,500 I'm wrong.
Total stablecoin supply just printed 298.5B, down 871M in a day and 4.6B over seven days. USDT alone shed 622M in 24 hours. That is the bid thinning out, not a headline.
Fear & Greed sits at 34, down from 54 a week ago. BTC trades flat near 77,850 on 4.05B of perp volume while the liquidity underneath it shrinks.
Flat price, shrinking liquidity. Pick a side.
Which comes first, 79,500 or 75,500?
Total stablecoin supply just printed 298.5B, down 871M in a day and 4.6B over seven days. USDT alone shed 622M in 24 hours. That is the bid thinning out, not a headline.
Fear & Greed sits at 34, down from 54 a week ago. BTC trades flat near 77,850 on 4.05B of perp volume while the liquidity underneath it shrinks.
Flat price, shrinking liquidity. Pick a side.
Which comes first, 79,500 or 75,500?