Bitcoin Update
Bitcoin managed to tag our Fib target zone.
Now it only needs to reclaim and hold strong above it, then we can push straight to the upper range.
Top-side liquidity is building above $80K, and that says a lot. There is a higher chance MMs hunt it.
Net buying of $BTC is also resuming after the decline, while whales keep shaking price up and down.
High-leverage traders are likely getting wiped out completely.
Meanwhile, CoinShares reported $1.2B in weekly crypto inflows, pushing AuM to $155B as institutional demand strengthens.
These inflows are acting as support for Bitcoin and crypto.
Solidly bullish.
I don’t see a collapse here.
$92K–$97K is the next zone of interest.
#BTCSurpasses$79K #MarketRebound #StrategyBTCPurchase #EthereumFoundationUnstakes$48.9MillionWorthofETH
Bitcoin managed to tag our Fib target zone.
Now it only needs to reclaim and hold strong above it, then we can push straight to the upper range.
Top-side liquidity is building above $80K, and that says a lot. There is a higher chance MMs hunt it.
Net buying of $BTC is also resuming after the decline, while whales keep shaking price up and down.
High-leverage traders are likely getting wiped out completely.
Meanwhile, CoinShares reported $1.2B in weekly crypto inflows, pushing AuM to $155B as institutional demand strengthens.
These inflows are acting as support for Bitcoin and crypto.
Solidly bullish.
I don’t see a collapse here.
$92K–$97K is the next zone of interest.
#BTCSurpasses$79K #MarketRebound #StrategyBTCPurchase #EthereumFoundationUnstakes$48.9MillionWorthofETH
