Just as I was about to take a shower, I saw this heavy bombshell!



Behind the world's largest IPO, there is a $1.2 billion Bitcoin position 😰!

Elon Musk's SpaceX has just become the fifth-largest company globally, with an S-1 filing revealing holdings of 18,712 BTC, with an average cost of only $35,320.

And now Bitcoin $BTC is fluctuating around $65,765,
What does this mean?

This huge whale still has an unrealized profit of about 80% and hasn't sold yet!

Even more intense, SpaceX's IPO attracted $250 billion in funds, and $SPCX 's stock price is directly linked to BTC. SPCX is now hovering around $216, once spiking to $230 after hours—this institutional entry, can Bitcoin not follow?

Let's talk macro.

The Bank of Japan just raised interest rates to 1%, the highest since 1995. Yen arbitrage trading faces liquidation pressure—but from another perspective, the yen short positions hit a nine-year high, and closing these positions might actually push the yen higher and benefit risk assets.

On the Fed side, Powell's first appearance is likely to keep interest rates unchanged, and the market has already pushed the rate cut expectation to 2027. In a high-interest-rate environment, Bitcoin still staying above $65K is itself a signal.

Regarding meme coins, $BSB surged from 0.24 at the bottom to 0.422 in three days, now retracing to around $0.56 for consolidation. RSI6 is only 38.88, indicating a short-term oversold signal. Meanwhile, SPCX has been increasing volume for three consecutive days, with EMA5=212.02 crossing above EMA20=206.23—an initial bullish pattern.

In the next 72 hours, three major central banks will announce decisions one after another, and market volatility is about to increase. Are you choosing to wait and see, or are you already on the train? 👇

Comment below: How high do you think SPCX can go this wave? Can BTC break through $70K with this momentum?

Follow me to understand the hidden currents of the crypto market every day! 🔥

#我的Gate交易时刻
BTC-1.19%
SPCX3.31%
BSB51.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
TalkingAboutMemeAsTheCoinMakes
· 1h ago
DYOR 🤓
Reply0
TalkingAboutMemeAsTheCoinMakes
· 1h ago
Get in quickly!🚗
View OriginalReply0
TalkingAboutMemeAsTheCoinMakes
· 3h ago
Get in quickly!🚗
View OriginalReply0
TalkingAboutMemeAsTheCoinMakes
· 3h ago
Buy the dip and enter the market 😎
View OriginalReply0
  • Pinned