BTC to 100K or Back to 90K?

Japan’s proposal for a flat 20% tax on crypto had pushed BTC down to around $83,800. Similarly, $ETH fell to the $2,715 area.

Then came the news that helped $BTC rebound 👇

👉 The FED conducted a $13.5 billion overnight repo operation, injecting $13.5B of liquidity into the market — one of the largest liquidity injections since the COVID era.

👉 The UK passed a law recognizing crypto.

Following these developments, BTC quickly surged to the $94,000 level. News like this is highly significant for the crypto market.

Do you think the new money entering the system will find its way into crypto?