Coin Edition -
- Thorn revealed bullish narratives and positive fundamentals are emerging for BTC.
- Thorn did note that there has been a drop in BTC’s on-chain liquidity.
- BTC’s price might rise before long-term holders profit, based on on-chain data.
Alex Thorn, the head of Firmwide Research, revealed in a series of X (formerly Twitter) posts yesterday that bullish narratives and positive fundamentals are emerging for Bitcoin (BTC). According to Thorn, the price of BTC could explode in the short term as a “gamma squeeze” has popped up.
the #bitcoin gamma squeeze from last week could happen again