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THE MARKET UPDATES
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JUST IN: $162,580,000 worth of crypto longs has been liquidated in just 30 minutes.
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THE MARKET UPDATES
@Rodeni2
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BTC/NASDAQ just broke out of a 2-month downtrend, and it looks like it’s time for Bitcoin to outperform U.S. stocks. Bitcoin is still down -25% from Oct ATH, while Nasdaq is only 2% down from ATH. We should see a catch up rally to $110k+ if $BTC can close above $103k, 50W sma.
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REMINDER🚨 FOMC rate cut decision is coming tomorrow at 2 p.m. ET. Expect high market volatility
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BREAKING: Bitcoin just broke $94,400 and it’s now up $4,400 in the last 2 hours. ETH has also reclaimed $3,350. The crypto market has added $156 billion in the last 4 hours, and $254 million worth of shorts have been liquidated in the same time. This is massive short squeeze.
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🚨 UPDATE: The Ethereum Whale has now increased his long position to $219.77 million. Whale or insider ?
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🔥 BULLISH: 🇺🇸 Treasury has injected $70 billion into the economy this month. The Fed is also expected to start $45B/month in T-bills from Jan 2026. Bullish for markets.
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