๐ฅ BTC is flat โ that's... bullish? ๐คจ
AI Summary
Milk Road's crypto newsletter analyzes Bitcoin's flat performance as potentially bullish while warning about ongoing geopolitical risks from Iran's oil disruptions. The team discusses a major $270M exploit of Drift Protocol through sophisticated social engineering and emphasizes the importance of the CLARITY Act for crypto regulation.
Key Facts
Author Takes
Bitcoin price action
Bitcoin got so oversold there's nowhere else to go but bounce
Trading strategy
The more trades I make, the more likely I am to have human error screw it up - advocates for conviction-based holding
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