🚀 Bitcoin's back in action, folks! After a 4.24% leap, BTC hit a high of $88,804, flexing above the 200-day EMA like a crypto gymnast. With a weekly close above $84,600, a $90K showdown is on the horizon—if BTC can dodge the descending resistance hurdle.
• Axel Adler Jr. assures us this isn't a bear market but a "healthy pause," with BTC's Investor Price Model staying cool. The CVDD metric hints at a growth stage, with Adler eyeing $130K in 90 days.
• Open interest soared $1.5 billion, yet funding rates stayed neutral. Beware: high OI + rapid price hikes might spark liquidation fireworks!
Remember, trade wisely, and keep your crypto goggles on!
• Axel Adler Jr. assures us this isn't a bear market but a "healthy pause," with BTC's Investor Price Model staying cool. The CVDD metric hints at a growth stage, with Adler eyeing $130K in 90 days.
• Open interest soared $1.5 billion, yet funding rates stayed neutral. Beware: high OI + rapid price hikes might spark liquidation fireworks!
Remember, trade wisely, and keep your crypto goggles on!