Bitcoin (BTC)

BULLISH: 🇯🇵 Metaplanet just bought $338 million worth of Bitcoin, becoming the 3rd largest Bitcoin treasury company in the world. They’re buying this dip. https://t.co/lfZuv4h7jE

Metaplanet, listed on the Tokyo exchange, purchased 5.075 $BTC, rising to third place among Bitcoin treasury companies.

$BTC dropped below the $67,000 level again. Bitcoin was rejected from the $69,000‑$70,000 level, which previously was an important support. Now the only important level for BTC is $65,000‑$66,000, and breaking below it is highly likely to result in a new low.

#Gold 74 vs #Bitcoin 🔸Previous fractal got invalidated, RSI did not give us the bull cross and instead rejected and went all the way to the oversold area. 🔸Now the structure is actually looking more similar to the below fractal still from 74, where gold broke its yellow uptrend and retraced to the 0.382 fib. 🔸Btc broke its yellow uptrend but did not retrace yet to the 0.382 at $56k. Could it go there and give us the last push to the lows that lot of people are waiting for? It's an option but not a certainty seeing how so far the $60k low is still holding even with the extremely bad sentiment and global news flying around.

Been a while since I shared my morning TA here as also, so given it's the last trading day of the week, let's do it: Quick check of the situation - Price lower than at yesterday's close: structure weakening - OI decreasing: mostly longs closing during the down move - Perp CVD lower: perp buyers fading with less momentum fuel - Spot CVD higher: The spot buyers are, for now, absorbing the move and are still net aggressive (green CVD making a higher high) On the perp side, we have a lack of aggressive bullish follow-through. Very clean structure overnight (heatmap image): lower highs into gap fills, and then losing 68k floor Last trading day of the week could be a reson of derisking on perps. Mentioned at the start of the week, any moves higher need to start early in the week. I'd trust moves higher now a lot less The $BTC PA is crazy clean Yesterday we had an early sweep of last Friday’s high - in normal set of conditions that is a short with SL placed above the wick (would play out perfectly, but we are not in normal conditions lol) Later on, we had a lower high put in with the perfect re-test of that high, which then led to a lot of VAL tests around 68k until the eventual break below. Immediate gap through weekly VWAP and down to the Monday 66.2k level once again for a perfect touch. If you mute all the noise and just trade BTC price action, you had some crazy, clean setups in the last 48h (3rd image) Now, given the bearish stance, a move higher into 67-67.5, you probably look for short back to weekly lows. Don’t think we immediately fill that gap (if we do, you watch for the daily highs reclaim for a flip)

Fear & Greed is now showing almost the same sentiment structure as in 2022. But the 365DMA is still too high for a full bear‑market reset. https://t.co/DSLPI1Xq9t

Metaplanet ramps up massively: Bitcoin holdings rise above 40,000 BTC 🇯🇵📊 The Japanese company Metaplanet has once again topped up its Bitcoin holdings. With a recent purchase of an additional 5,075 BTC, the firm's total reserves now amount to an impressive 40,177 Bitcoin. More and more publicly listed companies are using Bitcoin deliberately as a strategic reserve asset in their balance sheets. Metaplanet, often dubbed the "MicroStrategy of Asia" in the scene, continues to position itself offensively against macroeconomic uncertainty and the weakness of traditional fiat currencies such as the Japanese Yen. For the crypto market, this means: supply tightens further as these coins are locked away in corporate balance sheets for the long term (Cold Storage).

New video out 🔥 Developing trading strategy with Cross Mum Formasyonu #bitcoin #kripto $BTC https://t.co/9WvbBnep5g