I wonder what sparked this pump. Any ideas?
It's just the beginning as we are about to enter the 4th Quarter, 2023 and the last quater of the year prior to bitcoins halving is always bullish.
I was referring to the quick pump we saw yesterday, so I was looking for some news that could have triggered it.
I think you're talking about a general evolution trend on the quarterly time scale. I merited your post anyway.
With Bitcoin continuing to leave exchanges, liquidations tend to have a strong impact on price. In the past 24-hours alone, over $21.5 million BTC shorts have been liquidated with over $17.4 million in shorts being liquidated in a 12-hour timeframe.