Hi All. I've noticed that BTC has been eeking higher over Asian and London sessions, but then takes a massive dump at US open and then recovering about an hour after.
My gut as a degen gambler seeks to blame big money by telling me that Bitcoin ETF outflows are driving this behaviour. Funds are holding actual BTC to back up their shares and need to sell to meet redemption requests and/or want to reduce exposures as Trump trades unwind.
Does anyone know it's this or something else that's wrecking my trades?