Bitcoin (BTC) passed $ 93,000 on March 2, as US President Donald Trump doubled on a strategic crypto reserve.
BTC/USD 1-day chart. Source: Cointelegraph/TardingView
Trump writes: “I also like bitcoin and atherium!”
Data Pro from cointelegraph markets and Tradingview Shown 8% BTC/USD in rare weekend volatility.
Trump weekly ignited a crypto firstorm, after the truth, social refers to a Crypto Reserve that would include BTC, Ether (ETH) and several altcines.
Initially only after referring to XRP (XRP), Solan (Sol) and Cardano (ADA), the President’s account added plans for additional tokens.
“And, of course, BTC and ETH, will be in the heart of the reserve, as other valuable cryptocurrency,” it is said in one Post ahead,
“I also like bitcoin and atherium!”
Source: Truth Social
Low weekend order book liquidity ensured rapid profit in Crypto markets, hitting about $ 92,000 on Bitstamp with BTC/USD.
“Market changes occur when no one expects it,” Crypto trader, analyst and entrepreneur Maikel Van de Pope Reactive On X.
“Final accident, probably the largest manipulation for people to scoop large positions in $ BTC and $ Eth. Is below. Low is on altcoins. The final easy cycle has started. ,
Source: Lukanchen/X
Thus for the local higher, Runs sealed 17% vs. Multimonth Bottom near $ 78,000, which was seen near $ 78,000.
As part of instability, XRP succeeded in Cross ETH by completely thin assessment (FDV).
“This is the one who is waiting for Crypto,” trading resource Coby letter trading couple In part of your response.
$ 93,500 BTC price is still important
Constant, popular traders and analyst Rekt Capital classified the dive into $ 78,000 as “negative deviation”.
Connected: When will bitcoin cost?
Such deviation incidents have classified previous bitcoin bull markets, as cointelegraph reported.
“Bitcoin has cured almost complete perfection of its negative deviation,” Rekt Capital wrote In a new analysis post.
“To reconstruct the value, one must have a weekly closure weekly above the re-acumeulation range of $ 93500. And bitcoin is just +2% away from doing so. ,
BTC/USD 1-week chart. Source: REKT Capital/X
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