New development: Bitcoin briefly dips below $80,000
BTC touched a 24-hour low of $79,800 before moving back above that threshold. It remains down 2.72% over the period, while the move below $80,000 marks a new intraday low in the recent pullback. The price has returned to around $80,160, distinguishing a brief dip below the level from a sustained move beneath it.
Semiconductor flows are absolutely screaming right now. $SOXL just recorded its biggest weekly inflow ever according to Bloomberg data.
This is the 3x leveraged play on chips, so when money pours in like this, it tells you two things: traders are betting big on a semiconductor recovery, and they're willing to use maximum leverage to do it.
The timing is interesting. We've seen chip stocks bounce hard off their lows, AI infrastructure spending isn't slowing down, and the China export control dr...
$BTC
{spot}(BTCUSDT)
USDT Faces Further Downside as Bearish Momentum Pushes Price Toward $80,000 Support
Trade Setup: SHORT
Entry Zone: 80,500–80,900
TP1: 80,000
TP2: 79,400
TP3: 78,700
SL: 81,600
Market Setup: BTC is showing strong bearish momentum on the 4-hour chart, with lower highs and continued selling pressure. A breakdown below $80,000 could open the way toward lower support near $79,400 and $78,700, while a recovery above $81,600 would weaken the bearish setup.
Shopping Altcoins 🥳 Arthur Hayes has been putting capital to work across three different tokens.
Around 5 hours ago, he picked up 546,610 $AERO worth $460K, added 120,000 $PENDLE for $232K, and bought another 3 million $ZAMA worth $197K.
That’s roughly $889K in total buys across the three tokens.
Interesting mix here… but the real question is whether these are short-term trades or positions he plans to hold for a while.
Address: https://arkm.com/explorer/entity/arthur-hayes
THE FED IS COMPLETELY COOKED‼️‼️‼️
🇺🇸 US PPI just came out, and it was way worse than expected.
PPI spiked to 6.3%, its highest level since December 2022.
Yesterday, CPI and Core CPI already came higher than expected, and now PPI inflation is running hot too.
At the same time, the economy has started to slow down as the job market is getting worse.
Tomorrow, Kevin Warsh is also set to speak, and he'll be in a lot of trouble.
The reason is because Kevin has committed to bringing down infl...