BTC update
*Bitcoin Right Now*
- *Price*: Holding around *$78,000 - $79,500*
- It pulled back a bit after hitting *$82,164* last week - that was the highest since May
- *August was huge*: +24% gain, best month since Nov 2024
*3 Big Things Driving BTC This Week*
1. *Fed Meeting - Sept 16*
Fed Governor Waller said he’s open to holding rates if inflation cools. Lower rates = good for Bitcoin. Market is 50/50 right now.
2. *Inflation Data - Sept 11*
CPI report drops Thursday. Strong jobs data last Friday already pushed BTC below $80K
3. *Clarity Act Vote - Sept 15*
Senate votes on this crypto bill. It would classify crypto as commodities, not securities. If it passes = very bullish.
*Big Money Moves*
- *BlackRock*: $217M inflow into Bitcoin ETF
- *Strategy*: Bought $370M BTC, first buy in 2 months
- *Strive*: Now 5th biggest public company holder with 23,156 BTC
*Key Levels*
- *Support*: $71,781 and $67K area
- *Resistance*: $82,500 - $82,793. Break this and $90K is next
*Heads up*
- *Coldcard hack*: $89M stolen from 1200+ wallets. Update released
- *Market sentiment*: "Extreme Greed"
*Summary*: BTC is consolidating after the 30% surge. Next 2 weeks are critical with CPI + Fed + Clarity Act.
Want me to send you daily ?
*Bitcoin Right Now*
- *Price*: Holding around *$78,000 - $79,500*
- It pulled back a bit after hitting *$82,164* last week - that was the highest since May
- *August was huge*: +24% gain, best month since Nov 2024
*3 Big Things Driving BTC This Week*
1. *Fed Meeting - Sept 16*
Fed Governor Waller said he’s open to holding rates if inflation cools. Lower rates = good for Bitcoin. Market is 50/50 right now.
2. *Inflation Data - Sept 11*
CPI report drops Thursday. Strong jobs data last Friday already pushed BTC below $80K
3. *Clarity Act Vote - Sept 15*
Senate votes on this crypto bill. It would classify crypto as commodities, not securities. If it passes = very bullish.
*Big Money Moves*
- *BlackRock*: $217M inflow into Bitcoin ETF
- *Strategy*: Bought $370M BTC, first buy in 2 months
- *Strive*: Now 5th biggest public company holder with 23,156 BTC
*Key Levels*
- *Support*: $71,781 and $67K area
- *Resistance*: $82,500 - $82,793. Break this and $90K is next
*Heads up*
- *Coldcard hack*: $89M stolen from 1200+ wallets. Update released
- *Market sentiment*: "Extreme Greed"
*Summary*: BTC is consolidating after the 30% surge. Next 2 weeks are critical with CPI + Fed + Clarity Act.
Want me to send you daily ?