AND HERE IS THE HIDDEN REASON FOR THE GROWTH $BTC
🇺🇸Yesterday, Trump said that the US is considering the possibility of buying “significant” amounts of BTC and other cryptocurrencies. But we’ve heard this a year ago already.
🗣Also, Trump added that America is the “undisputed leader” in BTC, cryptocurrencies, prediction markets, and AI.
🪙BTC continues to trade above the $69k level. The question is whether the price will be able to hold above this level and not drop into a correction, since everything is currently being supported by liquidity from liquidated shorts.
‼️Over the past 24 hours, short positions worth $2.66 billion were liquidated. This is the largest short liquidation in the history of the crypto market.
🔼BlackRock and other ETFs bought BTC worth $517.19 million. The largest inflow in more than 3 months.
🕯Yesterday, my long position in BTC was triggered. A little below 70k, there is strong resistance; I’m watching the $68k level—if support holds, I’ll continue holding the long. More current crypto and stock trades are available in our Pro Subscription.
#btc
🇺🇸Yesterday, Trump said that the US is considering the possibility of buying “significant” amounts of BTC and other cryptocurrencies. But we’ve heard this a year ago already.
🗣Also, Trump added that America is the “undisputed leader” in BTC, cryptocurrencies, prediction markets, and AI.
🪙BTC continues to trade above the $69k level. The question is whether the price will be able to hold above this level and not drop into a correction, since everything is currently being supported by liquidity from liquidated shorts.
‼️Over the past 24 hours, short positions worth $2.66 billion were liquidated. This is the largest short liquidation in the history of the crypto market.
🔼BlackRock and other ETFs bought BTC worth $517.19 million. The largest inflow in more than 3 months.
🕯Yesterday, my long position in BTC was triggered. A little below 70k, there is strong resistance; I’m watching the $68k level—if support holds, I’ll continue holding the long. More current crypto and stock trades are available in our Pro Subscription.
#btc