$BTC Review
BTC corrected around 5000U over the weekend, and today the drop has been mostly recovered. Overall, the long and short positions are relatively balanced.
- ETF net inflow of 1900 BTC last Friday.
- Major events this week: Bitcoin 2025 Conference, PCE data, FTX repayment.
This adjustment is expected to last until the Bitcoin conference concludes. Considering that FTX's repayment will bring an additional $5 billion into the market, the outlook is positive, and BTC is likely to continue reaching new highs in the near term.
BTC corrected around 5000U over the weekend, and today the drop has been mostly recovered. Overall, the long and short positions are relatively balanced.
- ETF net inflow of 1900 BTC last Friday.
- Major events this week: Bitcoin 2025 Conference, PCE data, FTX repayment.
This adjustment is expected to last until the Bitcoin conference concludes. Considering that FTX's repayment will bring an additional $5 billion into the market, the outlook is positive, and BTC is likely to continue reaching new highs in the near term.