There wasn't big news in the last 24 hours except Futures expiration and ETF postponing. To find out more you can look at this website that we develop for traders app.guess.market Bitcoin news, TA interpretation, general social sentiment regarding BTC prices and you can also earn coins!
News sentiment is at 29% bullish. Median price guess of TA is 6100 USD. More insights at app.guess.market
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Bears cannot defend the wall in the North Bitcoin is coming
Last time a lot of traders were short. But what happened? Maybe the exchanges hunted the stop loss of shorters or it happened by itself. So are we approaching a similar setup?
Bad news for diversification. Bitcoin looks like not only a store of value but also a tech stock. This means, when there is a recession "correlations going to 1" i.e. crypto is in trouble.