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-Bitcoin just broke the $84,540 Resistance and is now Trading around at $84,800.
-Next Resistance is at $87,300.. Bitcoin has to break above this Resistance if it has to go higher..
-If BTC breaks down below $82,281 next close support is at $81,731.
BROADER ANALYSIS:
-Keep this in mind, BTC Coming Down To $50k level is a POSSIBILITY!!!
-As shown in the chart, btc could either break out above $100k or it could come down to $50k zone..
-My suggestion is plan out properly, if you wanna buy under spot then buy in parts and wait for dip. If you wanna go long then wait for perfect entries..
Following the last update, the team and the market maker have engaged in constructive discussions and have reached an amicable resolution.
1. Resolution The team has acquired the market maker's full COTI position. Both parties accepted the terms, and the matter is now closed.
2. Reasoning A significant allocation sat with a party whose interests had diverged from the project's. Legal processes take months. COTI does not have months to spend on a distraction. Acquiring the position resolves the matter now, in full, and on the team's terms.
3. Team Alignment The team committed its own capital to the original purchase. That commitment is now substantially larger. Team ownership of COTI is at its highest since the handover, and its incentive is the same as the community's: the success of COTI.
4. Closing Points With the matter resolved, every hour goes to delivery. Q4 is about the product roadmap and expanding the utility of the COTI token. That's paramount.
Today, Hyperliquid Labs unstaked $320 million worth of HYPE.
We’ve already written about these unlockings this month, and, according to the team, the tokens will be sold over-the-counter (OTC) to an institutional investor.
To put this in perspective: since the launch of the HYPE ETF, $349 million worth of $HYPE has been accumulated through it.
And here we have $320 million in a single transaction. In other words, even at current prices (albeit at a discount), a major player is willing to accumulate hundreds of millions in HYPE.