Just saw Fundstrat's Sean Farrell warning that Bitcoin could convert down to $60,000 from current levels around $79K. His take is interesting - he's saying the recent pump has been propped up by financial instruments and roughly $2B in buying pressure, but there's not enough real fundamental support underneath to keep it going. He thinks that demand could dry up pretty quick. Also flagging that geopolitical risk premiums are fading and macro conditions aren't exactly bullish right now. The guy's basically saying we might be due for a retest of lower price levels soon. Makes you think about whether this rally has legs or if we're just riding momentum. Worth keeping an eye on those support levels if things start shifting.

BTC2,49%
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