Is This The End Of Bitcoin's Bull Run?
From The Desk Of Anthony Pomplianoยท2025-11-21 15:01
Bitcoin has crashed. The digital currency is now negative on the year. So what exactly is the data telling us.Zero head shows the last time Bitcoin was at this price level. Global liquidity was $7 trillion lower. Now this data point is a big narrative violation.Everyone, me included, everyone expected Bitcoin to close the gap between Bitcoin's price and that global liquidity level. So we have Bitcoin's price crashing even though global liquidity is surging higher. We have an asset that is now deeply oversol ...