HomeIndustriesCryptoBitcoin Saw ‘Massive Liquidation’, Crude ‘Oversupply’ Remains

Bitcoin Saw ‘Massive Liquidation’, Crude ‘Oversupply’ Remains

Scott Bauer looks at commodities amid tariff volatility. He looks at Bitcoin’s “massive liquidation” overnight. He says he’s now flat on crude oil as “anything can happen now”. However, he says oversupply dynamics still remain in the market. Overall, he reiterates that “volatility is mean-reverting.”

Market On Close

03 Feb 2025

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