whatisbitcoinsnextmove

🔥 $BTC Go Back to $93K - This Increase
Is It Really Reliable?
Bitcoin has just broken the $93K mark after a strong recovery - up ~7% in one day, thanks to a combination of macro factors and a fierce short squeeze 🙌
Here’s what is driving the increase
❌ Liquidity is returning as the Federal Reserve (Fed) pauses its quantitative tightening
❌ Institutional investors like Vanguard and Bank of America are becoming friendlier towards cryptocurrency
❌ Over $240 million in BTC short positions have been liquidated

Technical indicators also support the short squeeze 👉 both RSI and MACD have turned positive, signaling that selling pressure may be easing and buyers are coming back.
My Perspective 🧠
This could be the beginning of a new bull run, but keep an eye on macro factors (Fed's moves, liquidity) and technical levels (resistance $93-96K, support $88-90K). If the buyers can hold this level, $BTC may aim
for the $95-97K level or higher 🚀
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💹 The Japanese yen’s sharp decline against the USD has historically been linked to risk-on sentiment and carry trades, which can boost assets like $BTC. However, experts warn that Japan’s mounting fiscal strain is changing the dynamics:

rising Japanese government bond yields and yen volatility make it less reliable as a funding currency or safe haven.

Yen weakness alone may no longer guarantee bullish sentiment for Bitcoin and risk assets

Macroeconomic realities are now the main driver.

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Ray Dalio points out $BTC main problem
Billionaire and Bridgewater Associates founder Ray Dalio holds a small portion of $BTC
about 1 of his portfolio and has done so for years. However he reiterates Bitcoins biggest limitation it cannot become a reserve currency for major countries as it is traceable controllableand theoretically vulnerable to quantum computing attacks.

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#WhatisBitcoinsnextmove ? $BTC