The crypto crowd is so convinced this rally is a fakeout, it might trigger short squeeze
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Bitcoin's price rally may face temporary resistance as the climb to a record high seems to have spurred profit-taking among BTC holders. There's an imbalance between potential sellers and buyers in bitcoin's aggregated order book across 33 centralized exchanges, data tracked by Kaiko shows. Watch "Chart of the Day": https://www.coindesk.com/video/bitcoin-rally-may-slow-amid-order-book-imbalance/?term=organic&utm_campaign=CoinDesk&utm_content=coindesk tv,First Mover,ChartSponsor,Crypto.com,editor
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