Strive bought 3,311 BTC in one go, and institutions are putting real money into their positions, yet BTC has only edged up. It’s exciting, but whether to chase is another matter 👀. This purchase adds to institutional demand and gives the rally a boost; Russia’s largest bank getting approval to trade crypto assets is also positive news. BTC is currently at 83232.1, up 0.37% over the past 24 hours, with resistance at 84134.2 and initial support at 80985. Honestly, the positive news is there, but the price hasn’t shown much strength. The news and the trend aren’t aligned yet, so for now I’ll wait and see rather than rush to bet on a direction.
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