Prediction evidence

Ma

That Martini Guy ₿

@MartiniGuyYT

Bitcoin is doing exactly what I warned about yesterday. Price is moving back into the liquidity sitting above the market. So far, this looks like a textbook short squeeze. The big question now is what happens when the US market opens. My suspicion is that most of this move has been driven by futures, not spot buying. If that's the case, the risk hasn't gone away. Because if nobody is actually buying Bitcoin here, you're left with a move built on leverage. And leverage has a habit of unwinding very quickly. Today I'm watching to see whether spot buyers step in, or whether this move starts running out of steam.