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💰 President Trump stated he was unaware that Abu Dhabi invested $500 million in his World Liberty crypto project. He mentioned, "I don't know about it. My sons are handling that, I guess they get investments from people."
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💰 President Trump stated he was unaware that Abu Dhabi invested $500 million in his World Liberty crypto project. He mentioned, "I don't know about it. My sons are handling that, I guess they get investments from people."
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🗣 Galaxy Digital research head Alex Thorn stated that Bitcoin's recent weakness indicates it may drift lower in the coming weeks or months toward the 200-week moving average near $58,000. He highlighted that 46% of #BTC supply is currently underwater, with a significant supply gap between $70k and $80k. Additionally, Bitcoin has not traded in tandem with gold and silver as a "debasement hedge," which has weakened its narrative. Historically, the 200-week MA and realized price around $56,000 have marked strong long-term entry zones. link
🗣 Galaxy Digital research head Alex Thorn stated that Bitcoin's recent weakness indicates it may drift lower in the coming weeks or months toward the 200-week moving average near $58,000. He highlighted that 46% of #BTC supply is currently underwater, with a significant supply gap between $70k and $80k. Additionally, Bitcoin has not traded in tandem with gold and silver as a "debasement hedge," which has weakened its narrative. Historically, the 200-week MA and realized price around $56,000 have marked strong long-term entry zones. link
📉🤔 #BTC Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps.