Markets have recovered and both exchange flows and on-chain data show instrumental signals.

As Bitcoin increased from the under $30k lows from the end of June at quick pace, so have the exchange reserves on derivative exchanges.

Meanwhile, spot markets continue to see a decline in supply. The bullish sentiment has also crossed over on lending markets which have seen total outstanding debt increase by more than 50% in August.

In this Analyst Retrospective, Copper takes a look at where markets are, and where things can go from here.

DISCLAIMER

THE INFORMATION CONTAINED WITHIN THIS PRESENTATION IS FOR PROFESSIONAL INVESTORS, REGULATED FINANCIAL ADVISERS AND THEIR INVESTORS ONLY. ALL INVESTMENT IS SUBJECT TO RISK. THE VALUE OF DIGITAL ASSETS MAY GO DOWN.