$BTC Review BTC's recent pullback reached a low of $101270,

$BTC Review
BTC's recent pullback reached a low of $101270, and so far it has rebounded ~3000U, completely in line with expectations.
- A large outflow occurred in the ETF yesterday
- USDC and USDT issued an additional 1 billion each on the TRON chain, which is positive news
- FTX started repaying from May 30, distributing over 5 billion dollars, which is positive news
Yesterday, I indicated that the consolidation was about to end and that new highs were expected, providing a long position at $101282, which was completely consistent with the market action. The expectation is maintained.

Broccoli Trader

$BTC Review

The BTC trend basically aligns with the previous expectation of [continuing to fluctuate in the 102000~105000 range].

- ETF continues to see significant net inflows, which is favorable for the future market.

The BTC consolidation is about to end, and there is hope for a continued sprint to a new high of ~$108000. Theoretically, this price cannot be sustained unless Wall Street big players FOMO in.
PS: If the price falls below the previous low of $100500, it will face a longer period of consolidation.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

110,495.37

-0.41%

USDC

0.9999

+0.01%

$BTC Review

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