š„ Everyone assumed Bitcoin would lose steam as the S&PāÆ500 sprinted to a fresh allātime high, yet BTC closed April at $84,135, preserving a 7.9% monthly gain ā the strongest rally in twelve months.
š The price hold matters because the market is sitting at a Greed index of 74, while BTC futures open interest sits at $7.93āÆB and funding remains positive at +0.0067%, indicating institutional capital is still piling in despite equity euphoria.
š” Smart money is responding: top futures traders are net long 64.7%, the longāshort ratio is 1.36 (57.6% longs) and the taker buy/sell ratio is 0.85x, suggesting disciplined accumulation; #BTC onāchain supply is edging lower as #ETF inflows rise and #Futures funding stays bullish.
š Watch the $85,500 resistance level ā a clean break above it would likely trigger a cascade of stopāloss buys and push BTC toward the $90K psychological barrier, while a dip back below $82,000 could reignite profitātaking pressure. #KeyLevel
ā Are you still betting the equities rally will drown crypto, or are you positioning for the next leg of Bitcoinās breakout?
š The price hold matters because the market is sitting at a Greed index of 74, while BTC futures open interest sits at $7.93āÆB and funding remains positive at +0.0067%, indicating institutional capital is still piling in despite equity euphoria.
š” Smart money is responding: top futures traders are net long 64.7%, the longāshort ratio is 1.36 (57.6% longs) and the taker buy/sell ratio is 0.85x, suggesting disciplined accumulation; #BTC onāchain supply is edging lower as #ETF inflows rise and #Futures funding stays bullish.
š Watch the $85,500 resistance level ā a clean break above it would likely trigger a cascade of stopāloss buys and push BTC toward the $90K psychological barrier, while a dip back below $82,000 could reignite profitātaking pressure. #KeyLevel
ā Are you still betting the equities rally will drown crypto, or are you positioning for the next leg of Bitcoinās breakout?
