Bitcoin starting to go crazy. To understand what I was referring to in that previous post about the 'price feedback loop', check out this message here: https://t.me/librehash/30290
The scenario laid out in that message describes what's likely propelling Bitcoin's price at this very second.
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Libre Blockchain Bitcoin racing back toward $100k. Remember the potential feedback loop created by the ETF options market which occurs when market makers are forced to buy the underlying security (Bitcoin ETF in this case) in order to cover the ever increasing call options…Telegram Libre Blockchain Bitcoin Racing Toward $95k / Notes on Options ETF With the spot Bitcoin option ETF being granted, there’s now another vehicle to exert greater buy pressure on the spot Bitcoin ETF itself - which is the underlying ETF for the options vehicle. We know BlackRock…
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