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Darla Obstfeld
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$1 Billion
$USDT
and $500M
$USDC
freshly minted at Tether and USDC Treasuries.
Billions are coming into the market & we can see bullish moves in the market. ๐
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Darla Obstfeld
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Right now, liquidity is sitting at two major price levels. Heavy sell-side liquidity is present around $96Kโ$98K, which is blocking any strong upward move while buy-side liquidity is building near $88Kโ$90K, supporting the price on the downside. The next big move will only come when one side of this liquidity gets taken out.
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Bitcoin price dropped to $90k as i mentioned and reached to its important support level.. Btc need to hold this level in order to gain bullish momentum, but in case of breakdown price could fall below $87k.
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Before the rate cut, hype pushed the market up, but the moment the cut actually happened, the market started dumping again. Classic โbuy the rumour, sell the news.โ This move wiped out a lot of overleveraged long positions, and the next major support sits around $88K.
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Rocket ๐ testing before take off ... $HEMI is preparing to go to the moon ๐... Hold tight guys ... Big good news coming for holders ...
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Two legend in one frame ...โค๏ธ
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