Bitcoin’s Grand Finale? Bitfinex Whispers of a Market Masquerade
Bitcoin, that most mercurial of stage divas, has entered the March 18 Federal Open Market Committee (FOMC) meeting with the swagger of a matador who’s just spotted a bull with a coupon. Having reclaimed the $70,000 threshold like a prodigal son returning to his mother’s apron strings, Bitfinex analysts claim the market is now playing a game of “absorption chess”-a financial parlor trick where institutions hoover up supply while retail traders squabble over whether to sell the family cow for crypto.
