The influx of BTC (Germany, MtGox, DoJ) is slowly being absorbed.
Paper BTC bets are declining, a good sign.
Overall, in terms of supply, things have moved from bearish towards neutral.
IMO, another month of sideways. Then let's take a look again in October.
x.com/woonomic/status/18263914...
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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