$BTC 📊 BTC $77,413 | Volume $8.86B | Range: $76.7k – $78.2k (Day 5)
Price rejected at $78.2k for the 4th time. Volume keeps dropping.
🔍 INSTITUTIONS:
• Strategy bought 24,869 BTC this week (now 843,738 BTC).
• SpaceX disclosed 18,712 BTC holdings ($35k avg cost).
• ETFs saw $1B+ outflows last week – institutions taking profit.
📰 MACRO:
• Iran deal rumors – no final agreement yet. Oil >$100.
• Kevin Warsh new Fed chair. Rate hike odds now 54% by year-end.
• 10-year yield above 5% – risk-off continues.
📈 LEVELS:
Resistance: $78.2k – $78.5k (needs volume >$10B)
Support: $76.7k – $76.6k (held twice)
📌 STRATEGY:
Stay flat. Wait for volume confirmation.
Long on breakout above $78.2k with volume >$10B.
Short on rejection at $78k – $78.2k.