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Bitcoin's price rose above $92,000 after a $13.5 billion liquidity boost from the Federal Reserve, adding over $250 billion to the crypto market cap in 48 hours.
Bitcoin's Profit-Loss sentiment is at -3, signaling a structural correction. The asset has seen a -32% drawdown, putting it in a risky 'intermediate zone' between correction and capitulation.
The CFTC's approval of spot Bitcoin trading is expected to boost Bitcoin's legitimacy, similar to gold trading in the 1970s, potentially increasing institutional investment and liquidity.$BTC $GT $GT
BTC0.52%
GT-0.68%
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MOON
MOONMoon
MC:$3.58KHolders:1
0.82%
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Ryakpandavip
MOON
0
· 21h ago
Stay strong and HODL💎
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Sakura_3434vip
MOON
0
· 12-06 22:46
Just go for it 💪
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Discoveryvip
MOON
0
· 12-06 19:23
Watching Closely 🔍
Reply1
Szerovip
MOON
0
· 12-06 18:50
Thank you so much 😊
Reply1
CryptoChampionvip
MOON
0
· 12-06 18:44
HODL Tight 💪
Reply1
CryptoChampionvip
MOON
0
· 12-06 18:44
Thanks for the information ☺️
Reply1
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