The current price is $94,194, with a 4.31% surge in the last 24 hours, directly engulfing three bearish candles from the 90k support level, leaving the shorts scrambling! The FOMC decision will be finalized tonight, and the market has already priced in a 25bp rate cut. The greed index is at 71, with institutional funds flowing back in wildly. BlackRock IBIT had a net inflow of over $200 million yesterday, and MicroStrategy bought another 12,000 BTC yesterday. Saylor has gone all in to the point of having nothing left! From a technical perspective:
The daily trend line has been broken this morning, with trading volume increasing by 2.3 times, which is a typical strong buying pattern.
The RSI jumped directly from the oversold zone at 35 to 65, while the MACD red bars doubled, accelerating upward after a golden cross.