The question is who's selling and who's buying the #btc
Is it retail selling and big boys buying? Big boys selling and retail buying? Or is it some big buys selling and some big boys buying?
The answer to that tells you everything
#BTC has massive inventory change over 2 nights in a row between roughly 8-10pm. Massive selling and massive buying. After 10pm the transactions stop and the market stabilizes. The 1H volume on those candles has been the highest volume in 3-4 weeks.
@BitcoinMagazine The banks really took it over with limiting stable coin yields, but at the least getting the act through would provide some stability and direction to the market #btc#crypto
JUST IN: 🇺🇸 South Carolina Governor signs bill into law that permits businesses to use Bitcoin & crypto for transactions and prohibits the government from transacting in a CBDC 👏