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💥💢✨️ Curious why $BTC is moving?
Bitcoin has surged back to $62,000 – $63,000+, recovering from recent lows around $58k.
Main Reasons:
• Weak US Jobs Report – June nonfarm payrolls were much lower than expected, easing concerns about aggressive Fed rate hikes.
• Whale Accumulation – Large holders are buying aggressively (BTC worth ~$16.7 Billion in the last 2 weeks).
• ETF Inflows Return – US Spot Bitcoin ETFs ended a 10-day outflow streak with +$221M net inflows.
• Short Squeeze – Liquidation of short positions helped push prices higher.
Market sentiment remains cautious, but strong accumulation signals are starting to appear. A solid rebound after late June losses.
What do you think? Are we back in bullish mode or still waiting for confirmation?
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$BTC #gStocksTokenizedStocksLive