🚀 Bitcoin's been chilling in a cozy 7% range since Nov. 12, hovering around $91,000. Traders are still bullish, with multiple attempts to break $92,000 showing strong buying vibes. The options market is hinting at optimism, with a drop in the delta skew indicating a discount for put options.
MicroStrategy's recent BTC splurge has fueled speculation about its role in Bitcoin's rally. Meanwhile, ETF outflows suggest some profit-taking. Futures and margin markets are buzzing with bullish energy, with a 17% futures premium and a long-to-short ratio favoring buyers.
Is Bitcoin's bull run here to stay? Share your thoughts below! 💬