$BTC JUST WOKE UP
Bitcoin just pushed above $80,700, up more than 3% in 24 hours.
And this move isn’t happening for no reason.
BlackRock reportedly bought over $1.1B in BTC
Bitcoin ETFs pulled in around $337M in net inflows
Softer dollar pressure + improving liquidity could be giving BTC more room to move
Corporate treasury adoption continues to add institutional confidence
But here’s where it gets interesting…
There’s a massive short position around $82.8K. If $BTC breaks through that level, we could see some serious volatility.
And with PCE inflation data + Fed commentary coming up, the next move could get VERY interesting.
So what do you think?
btc breaks $82.8K and keeps running
btc gets rejected and pulls back
Bitcoin just pushed above $80,700, up more than 3% in 24 hours.
And this move isn’t happening for no reason.
BlackRock reportedly bought over $1.1B in BTC
Bitcoin ETFs pulled in around $337M in net inflows
Softer dollar pressure + improving liquidity could be giving BTC more room to move
Corporate treasury adoption continues to add institutional confidence
But here’s where it gets interesting…
There’s a massive short position around $82.8K. If $BTC breaks through that level, we could see some serious volatility.
And with PCE inflation data + Fed commentary coming up, the next move could get VERY interesting.
So what do you think?
btc breaks $82.8K and keeps running
btc gets rejected and pulls back