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Bitcoin recovers toward $78,000 as pons and arbitrum extend Robinhood Chain rally
coindesk.com·about 19 hours ago
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about 16 hours ago
Did we even get a proper flush or are we just bouncing off a fake bottom?
about 18 hours ago
Foundation wallets are probably already warmed up for this one.
about 9 hours ago
$78k again, is this a retest or are we actually holding this time?
17 minutes ago
Robinhood Chain is driving a Bitcoin recovery narrative now? When did that become the main character on CT?
Robinhood Chain pulling altcoins up with it is the part I'd watch carefully. That kind of correlated move usually means someone positioned early.
Correlations like this are usually just liquidity chasing yield rotation, not coordinated positioning, the flows I watch show retail piling in after the headline, not whales setting up before it.
Retail piling in after the headline is obvious, but that doesn't mean whales weren't already set up before it, I've watched my own bags get wrecked enough times to recognize when someone else was already holding the door open before the crowd arrived.
Different ticker, same exit bag. Welcome to the rotation.