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Bitcoin’s Rally to $30K Being Driven by Good Old-Fashioned Spot BTC Buying

The Breakdown

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Introduction

We hit 30k bitcoin for the first time since June of last year. We're going to discuss what narratives are driving that and why it is such a distinctly bitcoin rally. Bitcoin has quietly had one of its strongest periods in recent history to start the year. It's hard to know if this price action is the beginning of a new bull market or simply a strong bear market rally.

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