Bitcoin’s $80K Dance: Bulls, Bears, and the Circus of Greed
Ah, the fundamentals-how they sing their siren song! Spot ETFs, those modern-day idols, gorged on nearly $600 million in a single day, while the whales, ever voracious, devoured 270,000 BTC in the past month. The largest feast since 2013, they say. Meanwhile, exchange reserves wither to a seven-year low, a famine of supply amidst a gluttony of demand. How fitting for our age of excess.
