NewsMV
$BTC is on pace for a 20% gain on the week, with investor optimism broadly credited for pulling the tape higher.
The flagship digital currency has spent the week absorbing several contributing factors that together built the advance. The 20% weekly print is the number in focus.
By the standards of any major asset, that is a significant move over five sessions. The contributing factors the market is pointing to have not been broken out individually in current reporting.
A move of this size arriving without a detailed positioning breakdown invites scrutiny.
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