🚀 Bitcoin's Rollercoaster: A Temporary Pause or a Bullish Setup? 🚀
- Bitcoin's price dipped below $96K, driven by strong US job data, sparking a sell-off in high-risk assets. Yet, its market dominance rose to 56.66%! 📈
- Liquidations hit $206M in an hour, impacting equities like Nasdaq and S&P 500. Spot Bitcoin ETF inflows also fell, but BlackRock's IBIT saw a $596M boost.
- QCP Capital sees this as a temporary pause, with eyes on upcoming FOMC and NFP reports. Optimism is in the air with Donald Trump's inauguration on the horizon.
What are your thoughts on Bitcoin's next move? Share in the comments! 💬