CD81: shitcoin apocalypse, macro environment, self custody all time high, bitcoin fundamentals with @DylanLeClair_ and @_Checkmatey_
Citadel Dispatch
Bitcoin Market
I'm firmly the opinion that the bear market started in May 2021. We saw Bitcoin do its thing and go through a monetization rally. By the course of January, it was pretty much cooling down. People were starting to lever up. Then we had our first futures-driven liquidation inMay 2021. And then 2022 is basically just being the deleveraging coming off the back of that. This BTCT, when it comes to Bitcoin dominance, does not use the one on trading view. It includes all of the market caps of shitcoins, which like FTT can be propped up by a single market maker.
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