Bitcoin surges above $85,000 for the first time in 9 months as the crypto rally gains momentum. Over $400 million worth of levered shorts have been liquidated in 4 hours.
Bitcoin surges above $85,000 for the first time in 9 months as the crypto rally gains momentum. Over $400 million worth of levered shorts have been liquidated in 4 hours.
Sentimentbullish 75
Bullish · 75 of 100
Impact90
high · market-wide
Confidence60%
moderate confidence · 5 wires
Eventdeveloping
v5 · alerted to followers
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WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
