Bitcoin Hovers Below All-Time High—What’s the Next Catalyst to Send It Soaring?
Bitcoin’s price action has hit a holding pattern just shy of its historic peak. Traders are glued to their screens, waiting for the spark that’ll ignite the next leg up.
The Waiting Game
Market momentum has stalled as investors weigh macroeconomic signals, ETF flows, and the occasional Elon Musk tweet. Volatility’s asleep—for now.
Liquidity vs. Leverage
Spot buyers keep stacking sats, but derivatives traders are playing chicken with liquidation levels. One big whale move could trigger the breakout—or a cascade.
The Cynic’s Corner
Wall Street’s still trying to ‘institutionalize’ an asset that thrives on chaos. Good luck with that.