US EditionBitcoin’s Demand Engines Reverse, but Long-Term Trajectory Intact: NYDIG
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6 Articles
Samson Mow states that Bitcoin's (BTC) volatility doesn't change the essential fact: it will continue to advance as a global reserve currency due to its limited supply. Read more
Bitcoin’s demand engines reverse, but long-term trajectory intact: NYDIG
The key drivers of Bitcoin’s rally to a peak in October are now what’s causing its price to drop to multimonth lows, with crypto treasury reversals and crypto fund outflows suggesting “actual capital flight” rather than purely negative sentiment, says NYDIG.NYDIG head of research Greg Cipolaro said in a note on Friday that exchange-traded fund (ETF) inflows and digital asset treasury (DAT) demand were key to Bitcoin’s (BTC) last cycle.However, C…
Bitcoin’s Long Bets Fuel Price Crash Amidst Imbalance
Investors in the cryptocurrency market have been heavily betting on the price of Bitcoin in recent weeks, leading to its overall struggles and a significant imbalance between long and short positions. This imbalance has induced a price crash, as revealed by Alphractal CEO and founder Joao Wedson in a November 22 post on social media platform X. Wedson evaluated the Estimated Long/ Source
Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In - Coin Surges
According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles. Longs Vs Shorts Imbalance — How This Induced Price Crash In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s recent unchecked fall. In deciphering this downward trend, the crypto pundit evaluated the Estimated L…
Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In
According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles. Longs Vs Shorts Imbalance — How This Induced Price Crash In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s recent unchecked fall. In deciphering this downward trend, the crypto pundit evaluated the Estimated L…
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