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Glassnode Glassnode @glassnode · 44.1K subscribers
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#Bitcoin has been driven back above $44k by combined short squeeze, and strong underlying accumulation fundamentals.

We explore these dynamics in our latest video report
YouTube Bitcoin: What is Driving The Rally to $44k? (Bitcoin Onchain Analysis) The Bitcoin market has rallied back to $44k, and in this analysis, we use on-chain data to answer the question: what are the primary drivers behind the rally, and is it likely to stick the landing? Topics for Discussion: - Derivatives markets including short…
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