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BREAKING: 🇺🇸 The US Federal reserve will begin the purchase of $40 billion in treasury bills from today.
More liquidity is coming into the market.
$BTC
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-0.23%
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🚨JUST IN: 🇯🇵Japan’s business sentiment hit a 4-year high, boosting chances of a BOJ rate hike. BOJ's quarterly 'tankan' survey showed stronger business confidence, rising to 17 from 15 last quarter. This key data will be reviewed at the Dec 18–19 policy meeting, where a rate hike is now widely expected. $BTC #BTC
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$BTC retested the $88,000 support zone and is now bouncing back. The next major resistance zone is around the $92,000-$94,000 level, which BTC has failed to reclaim so far. A push above this level means BTC could rally towards the $100,000 level.
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The first level was for #Bitcoin . Sweep of the low on Sunday, quick rebound, CME gap closed, and back to the chop. It's facing a crucial resistance zone, as we speak. If that $90K area breaks, I think we'll see some fast moves to $92-94K, which increases the chances of a quick breakout to $100K. However, if this $90K still holds up as resistance, there's a chance we'll go substantially lower. Important week! $BTC
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🇺🇸 ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows last week. $BTC : $286.6M $ETH : $208.9M $SOL : $33.6M XRP: $77.2M
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Bank of Japan is about to hike rates with 0.25% on December 19 Bitcoin dumped the last 3 times the BoJ hiked interest rates: March 2024 → -27% July 2024 → -30% January 2025 → -30% $BTC #CryptoRally
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