add here at ib on the hourly ... a tad premature but it looks allright... going to keep this till the figures later this afternoon.
Currently, statistics show wallets holding bitcoin are growing at an unprecedented rate. And I'm not talking about just tiny retail wallets. I am referring to those who hold at least one BTC or more. One theory is, many new players are coming into BTC just to buy-the-dip. The other, is that massive adoption of BTC is still continuing as normal. In any case, if the Fed gets put into a situation where it has to drop interest rates AGAIN... R.I.P. to shorts. p.s. - Due to the wide adoption going on right now, it is likely we are far, far, far away still from capitulation.