BREAKING: Europe Is the Only Net Buyer of Bitcoin This Week
Bitcoin’s weekly tape is splitting by session. Europe has been accumulating. The U.S. and Asia have been selling.
According to Velo’s cumulative-return-by-session chart, the EU line is the only one still above water for the week, while U.S. and APAC sessions finished net negative.
Key Details:
EU session returns led the week, peaking near +4% to +5% before fading toward a still-positive close.
U.S. hours flipped from a brief bounce into a sharp dump into August 29.
APAC spent most of the week below zero and ended around -1%.
That mix usually means European desks are catching dips while U.S. and Asian flow is supplying them. If EU buying fades and U.S. hours stay heavy, the next leg is decided in New York, not in London.
BTC This Week: EU Buying, U.S. and Asia Selling
Do you fade U.S. session weakness, or wait until Europe stops being the only bid?
Bitcoin’s weekly tape is splitting by session. Europe has been accumulating. The U.S. and Asia have been selling.
According to Velo’s cumulative-return-by-session chart, the EU line is the only one still above water for the week, while U.S. and APAC sessions finished net negative.
Key Details:
EU session returns led the week, peaking near +4% to +5% before fading toward a still-positive close.
U.S. hours flipped from a brief bounce into a sharp dump into August 29.
APAC spent most of the week below zero and ended around -1%.
That mix usually means European desks are catching dips while U.S. and Asian flow is supplying them. If EU buying fades and U.S. hours stay heavy, the next leg is decided in New York, not in London.
BTC This Week: EU Buying, U.S. and Asia Selling
Do you fade U.S. session weakness, or wait until Europe stops being the only bid?
