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Bitcoin Magazine· Patrick Green·· 9d ago

Matt Crosby suggests Bitcoin is primed for a significant upward move despite current consolidation

Original source: Bitcoin MagazineRead original
AI brief

Look Into Bitcoin Research Director Matt Crosby suggests that Bitcoin's current seemingly boring price action is healthy, comparing the consolidation to a compressed spring building potential energy for a breakout. He points to ETF flows, macro data, on-chain supply and demand, and derivatives as indicators supporting this view.

Source: Bitcoin Magazine · bitcoinmagazine.com