If you're wondering where yesterday's movement came from, the answer is here: US institutions massively bought spot yesterday.
For once, a bullish move is not solely driven by leverage and importantly comes from the US. This is the first time in a long while that we've seen such a delta on Coinbase's premium.
We'll see if this holds, but the repeated failure again at 70,000 seems to have already calmed the movement.
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#Share My Holding Returns#GateLanternFestivalRedPacketGiveaway 🚨 ALERT: A major change is currently happening in the US
If you're wondering where yesterday's movement came from, the answer is here: US institutions massively bought spot yesterday.
For once, a bullish move is not solely driven by leverage and importantly comes from the US. This is the first time in a long while that we've seen such a delta on Coinbase's premium.
We'll see if this holds, but the repeated failure again at 70,000 seems to have already calmed the movement.