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$9 BILLION #Bitcoin shorts to be liquidated at $125,000
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Galaxy Digital just dumped around 80,000 BTC worth over $9 billion onto the open market. Bitcoin didn’t even fully fill the CME gap that’s still open between $114,000 and $115,000. The bears tried to push the price down, but the bulls pushed back with a close at $117,800. That’s massive sell pressure and barely any reaction, which proves how far the market has come. A big sale like this is now no longer such a big deal. This makes the probability of the CME gap fully filling much lower. BTC successfully bounced back from the CME gap and is staying above it. The price could continue to consolidate between $116,000 and $118,000 for a little longer to avoid fully filling the gap. Was a wick down to $115,710 on the CME chart enough? Are we good to go to $130K? Only time will tell.
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$8,000 $ETH Says Eric Trump Ethereum continues to outperform Bitcoin, after treasury companies load up on ETH and BTC suffered a pullback to $114K. All of that, plus your… Chart of the Day….the reason behind Bitcoin’s dip to $114K Trade of the Day…this is your second chance on XRP Degen Play of the Day…another memecoin could moon
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#Bitcoin’s market cap is 5x larger than #Ethereum ⚪️, and yet the $ETH ETFs are now having larger inflows than the Bitcoin ETFs. Do you understand how bullish this is for Ethereum?🤔
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🎙Top 7 Funding Rounds of This Week
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Latest News
Trump Announces Trade Agreements to Begin in August
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BNB Surpasses 820 USDT with a 5.07% Increase in 24 Hours
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Bitcoin(BTC) Surpasses 119,000 USDT with a 0.88% Increase in 24 Hours
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BNB Reaches New All Time High
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BNB Surpasses 800 USDT with a 2.57% Increase in 24 Hours
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