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The next significant price level for Bitcoin$BTC is $110,000, where market dynamics could amplify price movements.
#BTC110KToday?
#BinanceAlphaAlert
#BinanceAlpha$1.7MReward

What to know:
• Bitcoin's$BTC daily candle closed at a record high of $106,830 amid increased investment in spot ETFs.
• Concerns over fiscal health in major economies, including the U.S., are bullish for BTC and gold.
• The next significant price level for Bitcoin is $110,000, where market dynamics could amplify price movements.
✓Although bitcoin$BTC (BTC) can be traded 24/7 its candles open and close daily similar to foreign exchange markets. The latest data from TradingView shows Tuesday's candle ended (UTC) at $106,830, the highest-ever daily closing price.
✓The bullish move came as investors poured money into the spot exchange-traded funds (ETFs) amid chaotic price action in bond markets that suggested heightened concerns about the fiscal health of major economies, including the U.S.

#CryptoRegulation
A savvy trader on Hyperliquid made headlines by turning a $4 million collateral into a whopping $6.8 million profit after betting $200 million on Bitcoin (BTC) just before former US President Donald Trump's crypto reserve announcement. This bold move showcases the potential for substantial gains in the cryptocurrency market when timed correctly.
The Trade
- Leverage: The trader used 50x leverage to open a $200 million position on BTC$BTC with an entry price of $85,908 and a liquidation price of $84,752, mere $50 away from being liquidated.
- Profit: After Trump's announcement, BTC surged 11% from $85,000 to $97,255, netting the trader a profit of $6.8 million.¹ ²
Market Reaction
- BTC Price Surge: The announcement led to a significant price increase in BTC, validating the trader's bet.
- Other Cryptocurrencies: Meanwhile, ADA$ADA and XRP$XRP experienced gains of 47% and 18%, respectively, leaving some to wonder if the trader had backed the wrong horse or had insider knowledge.
Questions of Insider Knowledge
The sudden and significant price movement has raised questions about whether the trader had access to insider information regarding Trump's crypto reserve plans. However, it's unclear whether the position was a hedge or a bet on BTC's bottoming out from its price drop since Trump's inauguration. Key Takeaways
- Timing is Everything: This trade highlights the importance of timing in cryptocurrency investments.
- Risk Management: Using high leverage can lead to substantial profits but also carries significant risks.
- Market Volatility: Cryptocurrency markets can be highly volatile, with prices influenced by unexpected events and announcements.

#TradeLessons
$BTC Bitcoin (BTC) rallied past $104K on Tuesday, coming just shy of the $105,000 mark before a modest pullback. At the time of writing, BTC $BTC was up 2.4% in the past 24 hours, trading around $104,400.
What’s Fueling the Surge?
Coinbase stock surged 24% following news it will be added to the S&P 500—a major milestone in crypto’s mainstream adoption.April’s CPI data came in cooler than expected, easing inflation concerns and lifting market sentiment.Former U.S. President Donald Trump added bullish momentum, telling investors in Riyadh that markets “could go a lot higher.”
Ethereum (ETH) outperformed BTC, jumping over 9% to reclaim the $2,700 level. Broader altcoin strength followed, with governance tokens from Eigenlayer and EtherFi (ETHFI) spiking 20–30% in daily gains.
Analyst Insights:

LMAX Group strategist Joel Kruger pointed to growing institutional interest as a long-term tailwind. Wincent’s Paul Howard noted institutions will remain selective when allocating to altcoins.

Bitfinex analysts flagged $106K as key BTC resistance, suggesting short-term consolidation before the next potential breakout.