Large inflows value Kalshi up to $40 billion, but why is $BTC still wavering around the $63,800 mark?
Kalshi news about negotiating to raise $750 million from Sequoia and Wellington to prepare for a 2027 IPO shows the tremendous pull of its prediction segment. Kalshi’s projected annual revenue of $4 billion proves that traditional capital is flowing strongly into derivative products.
However, the crypto market’s reaction has been rather muted. At the time of writing, $BTC is trading at $63,830.2 (+0.30% in 24h).
Technically speaking, the $63,500–$63,800 zone is currently an important support area. If $BTC cannot break out above the $64,500 resistance level, short-term profit-taking pressure could very well push the price back to retest support below.
My personal take: macro good news doesn’t necessarily trigger an immediate uptrend. Everyone should be patient and watch how price reacts at key levels, prioritize position management, and start with smaller capital to avoid liquidity traps that sweep both sides. Always follow the DYOR rule!
In this zone, do you choose to go LONG or SHORT on $BTC ? Tap $BTC below and let’s look at the chart together! 👇
#Bitcoin #BTC #Crypto #Web3 #Đầutư
Kalshi news about negotiating to raise $750 million from Sequoia and Wellington to prepare for a 2027 IPO shows the tremendous pull of its prediction segment. Kalshi’s projected annual revenue of $4 billion proves that traditional capital is flowing strongly into derivative products.
However, the crypto market’s reaction has been rather muted. At the time of writing, $BTC is trading at $63,830.2 (+0.30% in 24h).
Technically speaking, the $63,500–$63,800 zone is currently an important support area. If $BTC cannot break out above the $64,500 resistance level, short-term profit-taking pressure could very well push the price back to retest support below.
My personal take: macro good news doesn’t necessarily trigger an immediate uptrend. Everyone should be patient and watch how price reacts at key levels, prioritize position management, and start with smaller capital to avoid liquidity traps that sweep both sides. Always follow the DYOR rule!
In this zone, do you choose to go LONG or SHORT on $BTC ? Tap $BTC below and let’s look at the chart together! 👇
#Bitcoin #BTC #Crypto #Web3 #Đầutư