batcat priceBTC

BTCUSDT Btc is going to 600000 for liquidity sweep am i right or wrong

$BTC (1M) - Bitcoin just entered the zone where previous cycle bottoms formed. The monthly RSI just dropped below 44. Why does that matter? Every major cycle bottom formed at or below this level. ✅ 2015 → RSI 44 ✅ 2019 → RSI 44 ✅ 2022 → RSI 40 Now we're back there again with the RSI sitting at 42. Could Bitcoin still go lower? Absolutely. In 2020, price continued lower even after entering this zone. But if you're waiting to buy the exact bottom... you're probably looking at it the wrong way. The goal isn't to nail the bottom. The goal is to accumulate when Bitcoin is trading in historically attractive zones. That's why I prefer scaling in. DCA now. And if price goes lower, buy more.

🚨 BITCOIN'S VOLUME IS STARTING TO TELL A FAMILIAR STORY Bitcoin is currently trading around $63,000, while this chart compares today's market structure with the cycle that followed the 2022 bear market. In late 2022, BTC formed its cycle low near $15,500. During that period, selling pressure gradually faded and buying volume began to increase, signaling that long-term accumulation was taking place before the next major recovery. Throughout 2023, Bitcoin continued to build higher lows and eventually transitioned into a new bullish cycle as confidence returned to the market. The current chart highlights a similar increase in volume activity, leading some analysts to compare today's structure with the accumulation phase seen at the previous cycle bottom. If Bitcoin eventually follows a comparable path, the chart suggests a potential bottom in the $60,000–$70,000 region before the market attempts to establish its next long-term trend. Volume is often one of the most closely watched indicators because it reflects participation from buyers and sellers rather than price alone. While historical cycles can provide useful context, they should not be viewed as guarantees. Every market cycle is influenced by different macroeconomic conditions, liquidity, institutional participation, and investor sentiment. For now, many traders are watching whether this increase in volume marks another accumulation phase or simply a temporary pause before the next major move.$BTC

#BTC Whale Wars🐋 Big shift since yesterday... There is $188 Million in perp short limit orders between 63 and 64k. 🧲 Last time we saw this large of an accumulation it created a significant landslide. This is highly concerning if you're heavy into shorts.$BTC

₿ Fold Sells $45M in Bitcoin to Eliminate Debt and Fund Growth Fold Holdings has sold approximately 634 BTC at an average price of $71,000 per coin, raising around $45 million. 🔸 The company used $20 million of the proceeds to fully repay its Bitcoin-backed debt, removing both interest expenses and the risk of forced selling during periods of market volatility. 🔸 Following the transaction, Fold still holds an estimated 826 BTC on its balance sheet. 🔸 The remaining $25 million will be invested into business expansion, with the company's newly launched Bitcoin credit card expected to be a key growth driver. 🔸 Fold stated that its stronger liquidity position will help support a larger customer base and expand financial partnerships. The company also noted that it may sell additional Bitcoin in the future if management believes it represents the most efficient use of capital for shareholders. $BTC $IOST $ETH