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Bullish
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💥BREAKING: BlackRock bought $337.80 MILLION worth of #
Bitcoin
yesterday.
$BTC
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🇺🇸 BREAKING : Trump confirms the inclusion of BTC and $ETH in crypto reserves. $BTC $ETH
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BREAKING: 🇺🇸 President Trump announces a "Crypto Strategic Reserve that includes $XRP, $SOL, and $ADA." $XRP $SOL
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Bitcoin's Critical Price Zones: Will BTC Bottom Soon? BTC Eyes Previous Highs Amid Correction Bitcoin is on the verge of dipping below its former all-time high from March 2024, wiping out gains from the so-called “Trump rally.” CME Gap at $78K Almost Filled Market watchers are closely monitoring the Chicago Mercantile Exchange (CME) futures gap at $78,000, which Bitcoin is now approaching. Analyst Rekt Capital confirmed that BTC is nearing this level, which emerged during its surge to $100,000. Another unfilled CME gap at $92,000 could serve as a recovery target if Bitcoin stages a rebound. Historically, these gaps tend to get filled swiftly, making them significant price markers. Analyst Predicts $76K Before Rebound Veteran trader BitQuant has long forecasted a sharp pullback. He previously cautioned that $90,000 wouldn’t provide firm support and still expects Bitcoin to slide into the mid-$70,000 range before regaining momentum. “Are you panicking again? Panic buying or panic selling?” he asked traders on February 28. Strong Buy Orders Between $70K–$79K Traders are tracking a substantial cluster of buy orders between $70,000 and $79,000 on Binance futures, amounting to $1.8 billion. However, Daan Crypto Trades noted that these bids could vanish instantly, impacting price action. Meanwhile, CoinGlass data reveals over $3 billion in long liquidations over the past five days. Material Indicators co-founder Keith Alan referred to the decline as “the long-awaited Bitcoin correction” and is now looking for buyers to step in. $BTC #BTCDipOrRebound #SaylorBTCPurchase #MemesNotSecurity
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Bitcoin Drops Below $80K Amid Market Jitters—$70K in Sight? Sharp Decline Following Trump Tariff Concerns Bitcoin has fallen under $80,000 for the first time since November, fueled by uncertainty over U.S. President Donald Trump’s proposed trade tariffs. On February 27, BTC touched $79,752, triggering $100 million in liquidations. Many traders had expected $82,000 to act as a strong support level, but the latest dip has some eyeing a potential drop toward $70,000. Could Bitcoin Slide Further? Trader dmac remarked, “Buyers stepping in are getting wiped out. I still see $70K as the next stop.” Similarly, analyst Rager pointed out that 30–40% pullbacks are routine in bull cycles, making a move to the low $70K range reasonable. Long-Term Bulls Stay Confident Data from Polymarket shows mixed sentiment on whether BTC will rebound or slide further. Since Trump took office on January 20, Bitcoin has tumbled nearly 26% from its all-time high of $109,000. Despite short-term turbulence, institutional players remain bullish. Standard Chartered’s Geoffrey Kendrick projects BTC reaching $200,000 this year and possibly $500,000 before Trump’s second term concludes. $BTC
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Bitcoin Dips to $85K as US Confirms Tariffs on Canada, Mexico BTC Faces Pressure Amid Tariff Announcement Bitcoin slipped to $85,000 on Feb. 27 following the confirmation of new US trade duties set to take effect on March 4. The cryptocurrency briefly rebounded to $87,000 before tumbling to a 15-week low near $82,000. Meanwhile, Wall Street opened lower, with the S&P 500 and Nasdaq declining, while the US dollar index (DXY) climbed 0.6%. Analysts at The Kobeissi Letter attributed Bitcoin’s drop to its correlation with equities and shrinking market liquidity. Investor Withdrawals Hit BTC ETFs Retail investors pulled funds from US Bitcoin ETFs for six straight days, totaling $2.1 billion. “Liquidity has dried up,” Kobeissi confirmed. Monthly Close Signals Weak Momentum Traders are eyeing the $77,360 CME futures gap as a potential bounce zone. Analyst Justin Bennett warned that BTC must close February above $92,000 to prevent a bearish monthly outlook, but the probability remains low. $BTC
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