🔥 Bitcoin now 86,885$.. and this is not a normal spike
After a full week trapped between 82,000 and 85,000 due to US bond yields at 5.34% and the dollar at its highest level in 18 months, Bitcoin today broke 86,885$ with a $46 million short liquidation in just one hour.
What does this mean?
✅ Liquidity is back: $102.7 million flowed into ETF funds yesterday, all from BlackRock
✅ Citi Bank raised its target to 113,000$ due to the return of inflows
⚠️ But the current surge has no strong spot volume—it's only short-covering
This week’s trading rule:
Don’t buy the green top, and don’t sell the red bottom.
If it holds above 86,000$ until today’s close, its target is 88,500$
If it fails, we’ll quickly return to 83,000$ to liquidate the late Long positions
The question isn’t: Will it go up?
The question is: Will you be the liquidity the whale exits onto, or will you be with the whale?
Where do you see the weekly close? 👇
#Bitcoin #BTC #Binance #Trading
After a full week trapped between 82,000 and 85,000 due to US bond yields at 5.34% and the dollar at its highest level in 18 months, Bitcoin today broke 86,885$ with a $46 million short liquidation in just one hour.
What does this mean?
✅ Liquidity is back: $102.7 million flowed into ETF funds yesterday, all from BlackRock
✅ Citi Bank raised its target to 113,000$ due to the return of inflows
⚠️ But the current surge has no strong spot volume—it's only short-covering
This week’s trading rule:
Don’t buy the green top, and don’t sell the red bottom.
If it holds above 86,000$ until today’s close, its target is 88,500$
If it fails, we’ll quickly return to 83,000$ to liquidate the late Long positions
The question isn’t: Will it go up?
The question is: Will you be the liquidity the whale exits onto, or will you be with the whale?
Where do you see the weekly close? 👇
#Bitcoin #BTC #Binance #Trading
