#BTCWhaleMovement 🤑
🚀Currently, the price of Bitcoin is undergoing the fifth wave, and it is stuck in a Fibonacci zone (the golden ratio 2.618) around the price of 109,000, which is also a price threshold for investors who are under pressure before the price reaches 112,000.
The 112,000 area is considered a psychological profit zone, and there will be selling pressure at 109,000 before the price of Bitcoin rises further in the last six months of the year.
The US dollar on Wednesday, as the US trade agreement with Vietnam and the increase in the global supply of money (M2) contributed to the increase in open interest (OI), reaching 689.78 thousand Bitcoin, worth nearly 75 billion US dollars. The cryptocurrency market price rose overall in conjunction with the increase in Bitcoin's price, as leading alternative currencies, Ethereum (ETH), Ripple (XRP), and Solana
#BTCWhaleMovement #OneBigBeautifulBill #SpotVSFuturesStrategy #BinanceHODLerBABY