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Bitcoin Price Movements and Influence of ETFs
The chapter delves into the recent Bitcoin price movements, including a significant liquidation event and a new cycle high. It discusses the role of leverage in the market, all-time high values in inflation-adjusted terms, and the potential for more $20,000 candles. Additionally, the impact of Bitcoin ETFs is explored, with a focus on record-breaking inflows and the milestone of a Black Rock ETF hitting $10 billion in Bitcoin.