🪙🐻 BTC is pulling towards $80,000 — and this is no longer just a theory
Binance announced that within the next 30 days it will convert about $1 billion of the SAFU fund's stablecoins into Bitcoin. And here’s an important detail 👇➡️ if the BTC price drops below $80,000, the reserve will be replenished back to $1 billion.
📌 In essence, the market has received an officially stated price target.
🧲 Why is $80,000 becoming a "magnet" for the price?
💰 A specific volume of purchases is declared📍 A specific level is named🏦 The source — the world's largest exchange
Such levels are loved by the market to test. Not because "it has to be," but because it makes sense:
to pull liquidity
to check if the purchases are real
to squeeze out weak longs
📊 Spot volumes are decreasing — a classic sign of the distribution phase
📉 Open interest is holding — the market is overloaded with expectations
😱 The fear index is in the fear zone — the perfect environment for accumulating liquidity
🟡 BTC still maintains high dominance — altcoins are under pressure
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🔎 It is important to understand
SAFU is not a "gift to the market," but an infrastructural reserve.