🚨 Bitcoin Breaking $115,000 Might Set Off Parabolic Rally 🚀
Current Price: $117,000
Consolidation Zone: $95,000 - $98,000 🔄 (Bitcoin is moving within this range)
Key Indicator: 1.6 Golden Ratio Multiplier 🟡 (Vital resistance zone in bull markets)
Critical Support: A weekly or daily close below $94,000 🛑 could trigger severe negative pressure and a price decline. 📉
Bullish Factors:
Rising ETF inflows 📈
Increased corporate crypto interest 💼
Pro-crypto agenda in the US 🇺🇸
These elements could support a price breakout 🚀
Bearish Concerns:
US inflation rise 📊
Potential Fed interest rate hike 💼
These macroeconomic factors could impact BTC’s price negatively ⚠️
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⚡ BTC Exchange Inflows Reach $1 Billion – Price Drop Incoming? ⚡
Inflow Amount: $1.04 billion 💰
Huge exchange inflows typically signal a sell-off 🛑, which could indicate a potential price drop. 📉
Current BTC price: $97,653 💹 (+0.50% in the last 24 hours)
Daily trading volume: $32.29 billion 📉 (down by 12.80%)
Market Cap: $1.93 trillion 🌍
Bitcoin is still the #1 digital asset 🥇, but keep an eye on macroeconomic and exchange movements! 👀
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