Is there a parabolic movement before?

Is there a parabolic movement before?


A mysterious crypto whale has quietly and quietly built a huge leverage in Bitcoin and used almost $ 30 million in various transactions in just three days.

On-chain data from Lookonchain Show that the investor initially transferred $ 10 million in USDC to the hyperliquid platform, where he opened a long position. Further deposits followed, so that the total security was over $ 22 million.

Due to this aggressive bet, the trader is now involved in almost 3,900 BTC worth around $ 425 million, with an average entry price of just under $ 108,600. The liquidation threshold of the position is $ 103.100, and the unrealized profits already exceed $ 3.5 million.

This step takes place against the background of a new optimistic mood for Bitcoin, which recently exceeded the $ 110,000 mark. Analysts assume that the next upward movement could drive the price towards $ 150,000. Tradingshot pointed out that BTC broke out of a bearish constellation and repeats historical patterns that previously led to three -digit profits.

Michaƫl van de Poppe sees the current zone between $ 107,000 and $ 108,000 US dollars as a strong purchase opportunity before another increase. Meanwhile, Planb predicts that BTC could close June at $ 130,000 if the dynamics continues, and amber continues to forecast a long -term increase to $ 200,000.

The demand for institutional investors also fueled the rally. Strategy (formerly Microstrategy) added 1,000 BTC this week, and Bitcoin ETFs now hold assets of over $ 120 billion, which underlines its growing status as a common financial instrument.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


Telegram



Source link

Jayd Johnson