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Hendjah
Bitcoin just tagged $87k this week and is consolidating around $84k.Most people are still staring at the chart.
The more interesting signal is the quality of the demand.Nearly $3B in spot ETF inflows over a handful of sessions.
Long-term holders are not distributing into strength the way they did in previous cycles.
And the market is absorbing higher rates without collapsing the way it used to.
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