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no one’s talking about SPACEX sending 281 BTC to a new wallet?! 🚀👀 Market sentiment shifts as bulls target $
Pattern: Institutional Engagement in Bitcoin Accumulation.
Insight: SpaceX’s consistent Bitcoin transfers and market stability signal growing confidence in BTC’s resilience as a store
Bitcoin (BTC) holds above $110,000 post-volatile week influenced by macroeconomic events and market stress after October 10 selloff shock. US Federal Reserve rate cut and end of quantitative tightening signal a shift towards favorable liquidity as year-end nears. Market sentiment remains cautious but constructive as Bitcoin stabilizes above key zone. SpaceX transferring BTC adds to speculation of institutional activity amid changing macroeconomic conditions. Analysts optimistic about Bitcoin’s potential in evolving market environment. Bitcoin’s price consolidates below $117,500 resistance, maintaining support near $110,200. Bears eye $108,000 support for potential pullback. Bulls aim to reclaim $113,500-$115,000 zone for upward momentum. BTC’s stability and institutional activity indicate positive market sentiment and potential upside movement.
https://altcoin.observer/spacex-moves-281-bitcoins-to-new-wallet-third-transfer-in-10-days/
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