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Bitcoin Rockets Past $107K as Bulls Hold the Line

Bitcoin is charging into the week like it forgot what a dip feels like. After shrugging off geopolitical drama, BTC closed above $105K and quickly hopped over $107K. That weekly close? Super bullish. Traders are now eyeing $200K like it’s the neighborhood pizza place.

Liquidity Games
BTC started the week strong, tapping into ask liquidity on Wall Street’s open. Analysts think a short squeeze could be loading, as perpetual markets show discounts to spot prices. Liquidity pockets at $104K and $107K have traders watching like hawks.

Fed, Oil & That Inflation Thing
The Fed’s rate decision looms large, and everyone’s sweating it thanks to rising oil prices. The FOMC isn’t likely to cut rates yet, even with pressure from politics. Some traders think a breakout in commodity prices could mean more inflation ahead—and that’s where Bitcoin shines.

Whales and Retail Say: HODL
For once, whales and retail traders are aligned. BTC inflows to Binance have dropped to cycle lows. Translation? Everyone’s holding tight. No panic sells. Just vibes. That’s bullish.

Squeeze Incoming?
On Binance, perpetual BTC prices are lagging behind spot. That’s historically been the calm before the short squeeze storm. If that flips, bulls may feast.

The Moon is Back on the Menu
Forget bear talk. BTC is stuck in an upward wedge and analysts now throw around targets like $170K or even $200K. There’s zero evidence of a top. Every major indicator still says: HODL everything.

What do you think?

Written by 365int

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