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Just some things I’m observing.
So #Bitcoin down, miners up.
CME gap filled (For those that observe gaps).
FTX bankruptcy liquidations led to roughly $1B in selling Bitcoin which makes up to 33-50% of GBTC outflows.
Short term holder realised price ($38,400) another 3% from current price.
Hash rate, 7DMA is now 12% off it’s all time high and most likely will see a miner capitulation.
#Bitcoin fees at the lowest point since November.