If BTC price succeeds breaking $70k and $72.5k,

in hive-103599 •  2 months ago  (edited)

1000023422.jpg

Source: Coinglass

It will be inevitable for BTC(Bitcoin) to go $100k. It seems BTC surge is imminent. BTC bears have always lost with respect to the long-term view.

When it comes to the 🇺🇸 macroeconomy, the CPI arrived around 2%, and it looks stablized. Even though the Unemployment Rate is about 4%, the Fed has still some weapons to control it such as interest rate cuts, buying individual corporate bonds, etc.

I think if the labor market is stablized this fourth quarter, it will be good for the crypto market. The Initial Jobless Claims will be released today. I hope it's less than the forecast 🙏

Let's check entities' postions. Ordinary people are not interested in the crypto market. Some retail investors are shorting the crypto market. Some crypto enthusiasts are hodling their crypto portfolio.

1000023425.jpg

Source: BiTBO

Wall Street is holding more than 940k BTC 😲

1000023427.jpg

The United States, China and the UK hold more than 460k BTC 😲

Do you recognize the difference between them? I don't wanna bet the opposite position against Wall Street and G3 😎

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

etr

As a frequent gamer in Nigeria, I’ve been thoroughly impressed with this platform’s variety of options. They offer everything from slots to card games, catering to all tastes. What stands out the most for me is the innovative game mechanics and engaging themes that keep things exciting. Plus, the rewards system is generous, which motivates me to keep playing. For anyone looking to elevate their gaming experience, I recommend checking out BC Game https://bc-game.ng/. You won't regret it!