#TrumpTariffs Massive insider trading. Minutes before Trump’s China tariff announcement, a “whale” opened a $100M+ short on Bitcoin.
4:30 PM: Whale opens $100M+ BTC short 4:50 PM: Trump announces tariffs on China 5:20 PM: $19.3 B in liquidations hit the market Whale’s profit: $192 million
$BTC pumping, but not because the economy looks strong, it’s all about traders betting on Fed rate cuts.
Federal shutdown = markets flying blind. With BLS offline, no jobs report, no CPI, no PPI… traders are guessing in the dark.
Odds of a 25bps October cut now sit at 90%. $BTC is already up +5.4% this month, but this rally is built on expectations, not hard data. {spot}(BTCUSDT)
Bitcoin (BTC) is currently trading around $120,400, hitting a strong resistance level. If this level holds, the next target could be $124,600.
Key Points: ✅ Support Levels: $117,000 | $113,500 | $106,900 ✅ Resistance Levels: $124,600 | $128,000 | $130,000 ✅ Buy Condition: Consider buying if BTC trades above $120,000 with continued bullish momentum. ✅ Stop-Loss: Place stop-loss below $117,000 to manage risk. ✅ Profit-Taking: Take partial profit around $124,600.
⚠️ Caution: The crypto market is highly volatile. Keep your position size within your risk tolerance and monitor market trends and global news.
💡 Bottom Line: Short-term traders can consider buying now with proper risk management. Long-term investors should evaluate market stability and fundamentals before making a decision.