VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ BTC is trading inside a tight range, respecting a clear horizontal resistance near the upper supply zone and support at the lower demand zone. Price continues to show choppy, range-bound behavior with repeated rejections from resistance and quick bounces from support.
As long as BTC remains within this range, consolidation is expected. A strong breakout with a candle close above resistance would signal bullish continuation, while a clean breakdown below support could trigger further downside momentum. ➖➖➖➖➖➖➖
- On the bullish CPI news, Bitcoin pumped $2217, from $87,260 to $89,477 in just 60 minutes. - $70B added to the crypto market. - $94 million worth of shorts liquidated.
10:00 a.m.
The manipulation starts.
- Bitcoin dropped $3723, from $89,363 to $85,640 in the next 90 minutes. - $117B erased from crypto market cap. - $100 million worth of longs liquidated.
-Stocks sitting at ATHs -Gold & silver in parabolic pump and ATHs -Fed buying T-bills -Global M2 keeps expanding -A US pro-crypto president in office -Regulatory Clarity and Pro-Crypto Policies in the US -Crypto Institutional Adoption
We are not scared anymore, we are tired.
Tired of waiting Tired of believing
But listen, market rallies don’t start when hope is high, it’s when people are tired, frustrated, and ready to give up.