$BTC is outperforming Gold and $100K is
back on the table.
$BTC slipped just 1% Monday, briefly
touching $82.5K before recovering toward
$84K, while gold plunged nearly 4% as
long-term yields hit their highest levels
since 2007.
The bigger picture is even stronger: Bitcoin
is up more than 40% this quarter,
outperforming gold, the S&P 500 and other
major assets.
Technically, the interesting part is the
$82.8K area. Fidelity's Jurrien Timmer says
a break above that level confirms a double-
bottom breakout, with a potential target
around $100K.
And options positioning is adding fuel to
the narrative. On Deribit, the $90K call has
about $2.45B in open interest, followed by
$95K at $2.33B and $10OK at $1.79B.
#EarningsSeason #ECBToTestAIAgentsInDigitalEuroPayments #JapanFSABacksFourthStablecoinTradeSettlementPilot #BitMineETHHoldingsTop6Million
back on the table.
$BTC slipped just 1% Monday, briefly
touching $82.5K before recovering toward
$84K, while gold plunged nearly 4% as
long-term yields hit their highest levels
since 2007.
The bigger picture is even stronger: Bitcoin
is up more than 40% this quarter,
outperforming gold, the S&P 500 and other
major assets.
Technically, the interesting part is the
$82.8K area. Fidelity's Jurrien Timmer says
a break above that level confirms a double-
bottom breakout, with a potential target
around $100K.
And options positioning is adding fuel to
the narrative. On Deribit, the $90K call has
about $2.45B in open interest, followed by
$95K at $2.33B and $10OK at $1.79B.
#EarningsSeason #ECBToTestAIAgentsInDigitalEuroPayments #JapanFSABacksFourthStablecoinTradeSettlementPilot #BitMineETHHoldingsTop6Million
