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Over $875 Mln Crypto Assets Liquidated - Bitcoin Price Falls Near $59k.
2021-11-17 | Mike Hallen
BTC/USD 1 Day Price Chart: Source- Coinmarketcap.com
Bitcoin "Double Bubbles" Are Back Meanwhile, Charles Edwards, CEO of asset management Capriole, touted his new supply delta metric as "very positive." The discrepancy between the BTC supply owned by short-term and long-term holders is known as the supply delta. It is now printing a rare bullish run, evoking behaviour from 2013 — the year of Bitcoin's famed double peak, or "double bubble." "The Bitcoin Supply Delta appears to be quite positive. According to Edwards, "the great majority of identical readings to today were followed by significant price gains."
