A while ago I posted that maybe the days of those crazy 10% Bitcoin candles were behind us.
And now we’re casually getting back-to-back 7–8% days lol.
Love to see it.
Hopefully the momentum keeps going — more adoption, more inflows, more people getting exposure to Bitcoin.
Feels good seeing BTC move like BTC again.
Unpopular opinion:
The era of regular 10% Bitcoin daily candles might be over.
Between paper Bitcoin, ETFs, futures, and all the synthetic exposure, price discovery doesn't feel the same anymore. The market seems much more absorbed than it used to be.
I wouldn't be surprised if 10% daily moves become a rare event instead of something we expect every few months.
Curious if anyone else sees it this way.
It seems like there is continued institutional activity, but flows appear to move in both directions.
Market participation from individuals also feels different compared to earlier periods.
Short-term movements often look influenced by derivatives and leverage, which can add a lot of noise.
Bitcoin’s issuance continues to decrease over time due to the halving schedule.
At the same time, there are discussions around long-term holding behavior increasing.
I’m trying to understand how people interpret the balance between new supply and available liquidity.
Do you think current conditions reflect structural accumulation, or more of a demand slowdown?
What factors am I missing when thinking about this?
Would be interested in different perspectives.