$BTC I don't know how to explain all this. But why is it that when Bitcoin artificially climbs up, all other coins remain still? When Bitcoin goes down, all other coins plummet instantly. Who even buys it at such a price? Either they are fools, or naive fools who truly believe it will be worth even more. I don't understand how it can continuously rise for 2 weeks when it is overbought on all possible timeframes. Volumes are decreasing. Or is it rising due to short liquidations? If you open the heat map, there are almost no shorts left; where is it continuing to move? Can someone explain what is happening?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.