🚹 #Crypto movement catalysts 🚹

📆 21 Feb

What is driving the appetite? 🟱

👉 Proposed sovereign adoption - France đŸ‡«đŸ‡· is reviewing the bill to potentially acquire 2% of $BTC as part of their national reserve.

👉 #Altcoins receiving influx of liquidity - #DeSci category saw rise of 5.42% with projects such as $BIO (Bio Protocol) 40% âŹ†ïž and $ENSO 13% âŹ†ïž seeing positive gains 🟱

Capital is rotating again after a hiatus into narrative-driven assets which normally is seen as sign of recovery in speculative and risk on assets

Watch out for:

🚹Possible sentiment reversal with liquidity flowing out of #Bitcoin and #altcoins due to macro economic conditions. Bullish bounce needing to sustain its recent gains to continue trending upwards

🟱 Market Outlook - Cautiously Bullish Bounce 
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