๐จ HERE'S THE REASON WHY BITCOIN IS PUMPING:
Coinbase bought 8,237 BTC
Binance bought 10,921 BTC
Whales bought 21,995 BTC
Kraken bought 2,180 BTC
Wintermute bought 3,210 BTC
Huge whales and companies buying MILLIONS of $BTC and pumped price to $82,000
This is extremely bullish for markets!!
@CryptoNobler 2 billion extra per operation (moving the cap from $2 billion to at least $4 billion), and these operations do not officially begin until September 9, 2026
#BTC
The Macro Downtrend is a dynamic resistance
As a result, it will represent lower prices with each passing month
This August, the Macro Downtrend represents the price point of ~$79600
But in September this will drop to ~$76300
With passing time, technically it will be easier to break this Downtrend because it will represent a lower price
Which is why if the Bulls truly are in control then Bitcoin should be able to sustain these highs long enough to durably breach the Downtrend
In saying that, Bear Market rallies aren't able to sustain their local highs and so time will easily verify the sustainability of this newfound strength for Bitcoin or lack thereof
Hovering below the Downtrend incessantly leaves price vulnerable to rejection
$BTC #Bitcoin
๐จ BREAKING:
THE MAN WHO MADE $2.6 BILLION IN 30 DAYS, BILL ACKMAN, SHARED HIS NEW POSITIONS:
$AMZN: $2.39B โ 11.5M SHARES
$UBER: $2.15B โ 30M SHARES
$MSFT: $2.09B โ 5.65M SHARES
$META: $1.5B โ 2.7M SHARES
HE PREDICTED THE 2008 AND COVID-19 CRASHES AND CONTROLS OVER $20 BILLION NOW
HE DEFINITELY KNOWS SOMETHING!!
๐ฅBREAKING: ๐บ๐ธ Senate leaders are holding emergency meetings next week in a last-minute effort to save the Clarity Act before the clock runs out.
๐จ BREAKING:
๐ฎ๐ท๐จ๐ณ IRAN JUST STARTED SELLING OIL TO CHINA VIA RAILWAYS AT LOW PRICES
THEY ARE NO LONGER USING THE STRAIT OF HORMUZ, SO THE U.S. BLOCKADE DOESN'T WORK ANYMORE
THIS IS NOT GOOD FOR MARKETS...
BREAKING: US March PPI inflation rises to 4.0%, its highest since February 2023.
Core PPI inflation was unchanged, at 3.8%, also the highest since February 2023.
We are now officially seeing inflation metrics in the US that are at 4% or higher.
Inflation is back.
A fake Ledger app on the Apple Mac App Store just wiped out a musician's entire retirement fund.
Garrett Dutton, known as G. Love, frontman of G. Love & Special Sauce, lost 5.92 BTC worth $424,175 on April 11 after searching for Ledger Live on a new Mac, downloading what appeared to be the official app, and entering his 24-word seed phrase. The moment he typed it in, his entire Bitcoin holdings were gone.
On-chain investigator ZachXBT confirmed the theft and traced the funds to KuCoin deposit addresses. ZachXBT also publicly questioned Apple's app review process, noting the fake app had passed the App Store's gatekeeping entirely.
Apple has not commented. No legal action has been announced.
๐ฅ BREAKING:
US oil back above $101.
Tanker traffic through the Strait of Hormuz has hit its lowest level this month as Iran accuses the US of violating the ceasefire.
๐ฅHUGE:
$1.9T Morgan Stanley has launched its spot Bitcoin ETF with a record-low fee of 0.14%.
This is the first major US bank to launch its spot Bitcoin ETF.
๐จ BREAKING:
๐บ๐ธ FED CHAIR JEROME POWELL JUST SAID LIVE AT A CONFERENCE:
"U.S. DEBT IS GROWING VERY FAST. THIS WILL END BADLY IF WE DON'T DO ANYTHING NOW."
HE KNOWS SOMETHING BAD IS COMING...