Bitcoin is above 88 and Strategy company is betting and bought Bitcoin for 47 billion dollars
The market looks rosy... but there's something off. Many people are happy that Bitcoin is flying and has now reached about 88630 dollars, with talk about levels of 90 and 100 thousand as if it's just a matter of time. But if we focus a little, we'll find many signals saying the opposite. Could we be on the verge of a sudden liquidity pull?
Where is Bitcoin standing now
The current price is 88630 dollars and the recent movements are upward, but this rise is not backed by strong liquidity... rather speculation and escaping liquidity from the losing U.S. stock market, and some psychological pumping. There are signals that liquidity withdrawal is coming due to trading volume, meaning the market is indeed rising, but not with a large number of participants. This makes any negative news capable of shaking the market literally in seconds. Also, there is strong resistance around 98-91 thousand, and this area is full of sell orders. If the price cannot close above it, it could definitely turn this rise into a trap.
Heavy economic data coming
On April 25, we have U.S. inflation data (PCE). If it comes in higher than expected, the Fed might return to its hawkish tone, and that's when there will be a broad sell-off in all high-risk assets, including crypto.
Bull Trap
The market could reach 89 or 90 thousand and make people buy, and suddenly there will be a big dump and the price will drop to 84 and then to 80 thousand.
Strategy company's movements ignite debate
Amid all this, Strategy company dropped a 'surprise card' buying 6,500 Bitcoin last week in just 5 days, bringing their total portfolio to more than 47 billion dollars in Bitcoin. This means they see Bitcoin as a long-term strategic asset.
But the question here is, is this real pumping? Or part of a position distribution before a correction?
Possible scenarios
If the price closes above 89000, we might definitely see 94000 if institutional flows continue.
But if it breaks 84000 with a strong candle = Panic Selling, gradual drop to 82000 → 80000
If you are a trader / Day Trader, buy after a clear breakout with a close stop loss.
If you are a long-term investor, buy on the dips, especially from 84 thousand, and keep an eye on institutional movements and economic news, these are what really move the market.
The market needs your skill, not just optimism
Bitcoin is still in an upward trend, but in the short and medium term, the market looks like it's 'being set up for a big scenario'. If you are not paying attention to liquidity, trading volume, and institutional movements, you might be surprised by a strong movement against you.
Stay awake... the market is not always fair, and there’s a game being played under the table.
#SaylorBTCPurchase $BTC
