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🔥Breking News-Metaplanet buys another 2,205 #
Bitcoin
worth $240.8 million.
They now hold 15,555
$BTC
worth $1.69 billion.
$BTC
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BTC
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Market Alert: Is a BTC Drop to $90,000 on the Horizon? Current BTC price is around $108,756, showing relatively stable consolidation. However, there are some indicators and expert opinions suggesting a potential near-term dip. What the Market Is Indicating: Mixed Signals: While some analyses point to continued bullish momentum and potential upside towards $110,000-$112,000 driven by ETF inflows and institutional buying, other signals show short-term weakness. Support Levels: Key support levels are identified around $105,586 (20-day EMA) and $103,709 (50-day EMA). Longer-term support exists at $99,898 (100-day EMA) and $94,204 (200-day EMA). Expert Opinion on Potential Dip: Macro strategist Arthur Hayes has flagged a possible retracement of Bitcoin to the $90,000-$95,000 zone.1 He attributes this to the U.S. Treasury needing to refill its Treasury General Account (TGA) by issuing new bonds, which could drain short-term liquidity from the financial system and put pressure on asset prices, including Bitcoin. Consolidation and Caution: The market is currently consolidating, with traders showing caution due to factors like upcoming US tariff decisions. While institutional confidence remains strong for the long-term, short-term divergences and whale distribution may create resistance. While the overall long-term outlook for Bitcoin remains bullish, with predictions ranging much higher in 2025, a short-term drop to the $90,000 range is being discussed by some prominent analysts due to potential liquidity shifts. Keep an eye on the $103,700 support level, as a break below it could trigger a retest of lower price points. Always DYOR and manage your risk accordingly. #Bitcoin #BTC #CryptoPatience #MarketAnalysis #BinanceSquare $BTC
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#SOL : Open position, add TP and SL with your position $SOL
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🚨BREAKING:Strategy unveils a $4.2 billion $STRD at-the-market (ATM) offering to increase its Bitcoin holdings. $BTC
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JUST IN: The U.S. will impose a 25% tariff on Japan and South Korea starting August 1.
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🚨JUST IN: Binance Founder #CZ says "if you want to get rich quick, don't touch crypto." #CZ #Crypto $BTC $ETH $XRP
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