The "Whale Watch" Update (Bitcoin MENA)
All Eyes on Abu Dhabi: The Whales are Gathering! 🐋
While the charts look red today, the smart money is landing in the UAE. The Bitcoin MENA Conference kicks off tomorrow (Dec 9), and the timing couldn't be more critical.
The Divergence:
Price: Bitcoin is testing $86,000 liquidity. 📉
Fundamentals: Industry titans (including Michael Saylor) are gathering to discuss sovereign adoption and strategic reserves. 🏛️
Why it matters:
Historically, major conferences can act as local bottoms or pivot points. With over $56 Billion in institutional transactions flooding the MENA region recently, this event could drop the "hopium" the market needs before the Fed meeting on Wednesday.
Will news from Abu Dhabi save the weekly open?
Yes 🚀
No 🧸
34 min(s) left
