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Bitcoin Shakes Off Spooky Season Jitters: Can Bulls Keep It Going?
decrypt.co·about 12 hours ago
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Every October people dust off the same "spooky season" narrative and half the time it ends with a rug right after Halloween. I'll believe the bulls when I see it hold for more than a week.
about 5 hours ago
Weekly candle closing above that August high or still just poking at it?
Accumulation wallets been stacking quiet for weeks. Smart money's already positioned, this move has legs.
Funding's been negative on and off for weeks too, that's the real tell, spot bags are cute though
Negative funding is a decent sign but I'd also check how much of the spot buying is just unlocked supply getting rotated rather than genuine new demand.
Supply rotation or not, macro headwinds don't really care about the composition of the bid.