Bitcoin is repeating a 2022 pattern and this time we re missing the buyers for what came next

The story
CryptoQuant's latest Apr. 30 read shows that perpetual futures are driving crypto" class="cross-link" data-cross="1">Bitcoin's recovery, while spot demand is still shrinking. That is the same market structure seen during the 2022 bear market rallies, when leverage-driven rebounds gave way to fresh downside. Spot buying through exchanges, ETFs, or direct on-chain accumulation represents committed capital. At the same [ ] The post Bitcoin i
From the source
Explore why savvy investors borrow against crypto instead of selling, with insights on liquidity, capital preservation, and portfolio strategy.
Who and what
Key names and topics in this story: Bitcoin.
Where to follow next
- Read the full piece at cryptoslate.com
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