Dylan LeClair: Diving Deep Into Bitcoin Macro
Coin Stories
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Did the Derivatives Have a Play?
There was a lot of hype around that futurt. You saw leading up to that futures, that basis kind of exploded as like these markets expected a bunch of capital to flow in. And then after kind of all that hype, i was mostly just people on drove to markets speculating that bickwin was going to go up a lot higher. But you can definitly see in the derivative markets there were no native inflows into bicoin. So for bickwin to go higher over the long ferm ah, you need just like that organic capital inflow, whith just happening. It's just not happening enough for bikwin to be a multi trillion dollar acid
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