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Bitcoin pushed up to around $82K and got rejected. Now it’s playing around $80K.
Buyers are still strong, but sellers aren’t sitting idle either.
$BTC dominance is high (~60%), meaning money is flowing into Bitcoin more than alts. As long as this stays above 59%, no real altseason.
On the macro side, US PPI came in hot (6% YoY vs 4% expected) — inflation is back, which means the Fed probably won’t cut rates. Not great news for risk assets like crypto.
But on the flip side, ETF inflows are still strong and the US Strategic Bitcoin Reserve announcement is coming.
Saylor wobbled a bit but he’s still buying.
Short-term I’m cautious. Below $80K we’ll likely test $78K HVN. Above $82.5K opens the door to $85K. Right now it’s a waiting game — no need to FOMO.
Best move: be patient, watch $78K as a buy zone, keep stops tight, and don’t chase pumps.✌🏻
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