A pseudonymous Bitcoin (BTC) trader outlined 23 key technical and fundamental factors that could buoy BTC’s medium-term bull case.
The data points shared by the trader, known as “Byzantine General,” fit into four major themes. They are a less overheated market, a neutralizing futures market, less leveraged traders and strengthening fundamentals.
The Bitcoin futures market is neutralizing
Since Bitcoin’s recovery from $10,300, a persistent narrative around the top cryptocurrency has been…