🚨 CPI came in at 2.5% YoY – exactly as expected. No shocks, no FUD. Just calm markets 🧘♂️
$BTC , stocks, and alts? Steady. 📉📈 The market seems to have accepted mild inflation as the new normal. Everyone’s eyes are now on interest rate policy, ETF flows, and macro narratives, not CPI noise. 👀
Meanwhile... Bitcoin just closed its 30th day above $100K for the first time in history. 💯🔥
And it’s only ~3-4% away from its ATH. Is the breakout coming? Let’s talk facts:
🏦 Institutions are not just here—they’re stacking hard.
🟧 116 public companies now hold 809K BTC (up from 312K last year)
📈 100K BTC added just since April
👀 MicroStrategy and others doubled down post-Nov ‘24 breakout
Here’s the kicker: whales aren’t taking profits. That’s rare this close to ATHs. Historically, we’d see major realized profits on these moves. This time? 🐋📊 They’re holding strong.
Yes, we’re in the final resistance zone before new highs.
Volume jumped from $36B ➡️ $60B — signs of some panic selling, but price is holding above $106K.
If we stay above key levels → ATH is weeks away
If not → brief dip, then rocket fuel for the next leg up 🚀