Bitcoin (BTC) Price Faces Rejection At $64,000 As US Govt. Moves $1 Billion in BTC
#Bitcoin continues its unstoppable rally, nearing $64,000! With just a 10% gap from its all-time high, investors are on the edge of their seats. The recent surge faced brief rejection at $63,750 but remains strong at $61,686.
Despite $580M liquidations in 12 hours, on-chain metrics are booming:
- $35.37B in transaction volume
- 283K unique tokens moved
- 3,661 whale transactions over $1M
Analyst Ali Martinez sees solid support at $54,300-$56,200 with strong buying interest.
🇺🇸 Meanwhile, the US govt. moves $1B in Bitcoin, sparking speculation. While this may create selling pressure, it's less than 0.01% of BTC's total market cap. Interestingly, whistleblower Edward Snowden suggests the US govt. could be secretly buying Bitcoin to reduce national debt. 🤔
