Bitcoin's price surge is a dead cat bounce, driven by sentiment and geopolitical tailwinds rather than fundamentals.
Bitcoin's price surge is a dead cat bounce, driven by sentiment and geopolitical tailwinds rather than fundamentals. Institutional outflows and weak fundamentals persist, with a 3.4% recovery from $8B outflows being insignificant. I observed $273M inflows vs $8B outflows, and BTC price holding above $64K without convincing fundamentals.
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