Part 9/14:
Coinbase’s massive Bitcoin withdrawals—over a billion dollars in just 24 hours—serve as evidence of shrinking available supply and rising confidence. Concurrently, large institutional shorts from players betting against the market have been wiped out during recent short squeezes. Conversely, long-term holder accumulation remains strong, with data showing ongoing stacking by the smart money.
The Multi-Faceted Market Narrative: Macro and Micro Factors
On macroeconomic fronts, the presenter notes a cautiously optimistic outlook. Inflation pressures appear to be easing with derailed inflation reports and declining oil prices, boosting market sentiment. Federal Reserve expectations tilt towards rate stability or cuts later this year—often bullish for risk assets like Bitcoin.