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Cas Abbé
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$TRUMP
trying to bounce after dropping from the top and see a
move
back to $15-$16 just if price reclaims $13.5
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Cas Abbé
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BTC is outperforming the S&P 500. This is happening when US Q1 GDP comes negative while economic uncertainty is at ATH. It's a sign of BTC maturing as a global hedge asset and it will attract huge inflows from institutional investors. I think BTC/SPX breakout is just a start and BTC will massively outperform S&P 500 in 2025.
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Bitcoin price is now trading above 2 crucial resistance levels. First one is 111SMA at $91.3K and the other one is short-term holder realized price at $93.2K. In October 2024, BTC reclaimed this level after 3 months of downtrend, which started the reversal. But remember, this could also be a fakeout similar to July 2024 and BTC could drop below $92K. Only if, BTC holds above this level for a few weeks, we could be really certain of a reversal.
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$ENA is holding the $0.30 support after a sharp pullback — If it holds there’s still a chance to push toward $0.48 But a break below $0.28 invalidates the setup
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BlackRock bought 2,830 BTC worth $267 million yesterday. But why did BTC price went down? Because other ETFs sold. Fidelity, Ark Invest, Grayscale and Bitwise sold $323.26 million worth of BTC. This happened due to US bad GDP data, which has now elevated the risk on recession.
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$VIRTUAL dipped to $1.2 and pumped back up nicely ✅
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