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Your strategy is very clear and insightful. Thanks to your posts, our perspective on the market is deepening, thank you
✨Spot Bitcoin ETFs have continued to receive inflows for several days, led by BlackRock's iShares Bitcoin Trust (IBIT) fund, indicating strong institutional demand.
✨Oil fears have eased. The US granted a 30-day exemption for some countries to purchase Russian oil held at sea under sanctions. Furthermore, coordinated global actions and potential strategic oil reserve sales calmed energy markets.
✨Market makers' hedging at large option levels around $75,000 increased the momentum of the move as BTC rose.
This combination typically describes the beginning of a new momentum in Bitcoin.
#WeekendMarketAnalysis