Bitcoin price is exploding, and a rare “gamma squeeze” suggests the price action is about to get violent
Bitcoin price is exploding, and a rare “gamma squeeze” suggests the price action is about to get violent
Bitcoin recently climbed above $97,000, reaching its highest price level since last November. This significant price performance, coupled with a rare 'gamma squeeze,' suggests a structural shift in how capital is interacting with the flagship digital asset, hinting at potentially violent price action.
Bitcoin's brief climb above $97,000 over the past day extended a run that suggests the underlying mechanics signal a structural shift in how capital is interacting with the asset class. According to CryptoSlate data, BTC reached a peak of $97,860, its highest price level since last November. This price performance continues the flagship digital asset's strong […]
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