BTC rapidly surged earlier during the day, surpassing the $60,000 level for the first time since Nov. 2021. After hitting a high of $64,037, it abruptly fell to $59,400, the CoinDesk Bitcoin Index (XBX) shows. Its price had bounced back over $61,000 before another wave of sell-off pushed it again to near the same level. At press time, BTC was changing hands at $60,600.
No one has cash to “buy the dip” but $7.7T could rotate into Bitcoin if prices stay beaten down
I came across some analysis this morning that cut through the usual stream of charts and market takes with a...
