BTC What are you up to
I am posting this chart too, since there definitely is 2 scenarios that can play out here. After studying some other data and seeing how short positions have spiked very high this could also mean that there is absolutely no reason to visit 25k before continuing this rally up. The longer the price holds in this 30-40k range the more people are going to jump in to all kinds of positions with leverage and whatnot. Bitcoin is building up liquidity on both sides by doing this, below 30k and above 40k.
Penafian
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