Bitcoin price is trading around $83,800 to $84,500 today. In the last 24 hours, BTC went up to $85,600 after US inflation data was lower than expected, but then came down again. Right now BTC is down about -0.5% for the day. Market Cap is around $1.68 Trillion and dominance is 58.6%. The biggest bullish news is from Citigroup. Citi has raised its Bitcoin price target from $82,000 to $113,000 for the next 12 months. They said they expect $5 Billion more inflows into Bitcoin ETFs. Citi also raised

OKX has released its 47th Proof of Reserves report. According to the report, OKX holds $27.4 Billion in primary assets to back customer funds. This is a big increase from last month's $22.9 Billion. The report shows that OKX is safe and transparent. The main highlight is Bitcoin. OKX users now hold 139,865 BTC in their accounts. This is 4.07% more than last month, which means users added 5,466 BTC. OKX itself holds 153,151 BTC in its wallets, so the reserve ratio is 109%. It means OKX has more B

Trading is not gambling. If you want to make money in trading, you must follow some rules. Without rules, you will lose all your money quickly. The first rule is to always use a stop loss. Stop loss means you fix your loss before you enter a trade. For example, if you buy Bitcoin at $65,000, you should decide that you will sell it if it goes down to $63,000. This will save you from big losses. Never trade without a stop loss. The second rule is risk management. Never put all your money in one tr

In the crypto market, the terms bullish and bearish are used to describe the direction of the market. A bullish market means prices are going up. When people are bullish, they are confident and they are buying more. This usually happens because of good news, like a big company investing in Bitcoin, approval of a Bitcoin ETF, or the Bitcoin halving. In a bullish market the charts are green and everyone is excited and says "to the moon". On the other hand, a bearish market means prices are going d

Core PCE was up 3.0% from last year and 0.2% from last month - both below forecast. But people are still spending, so demand is still strong. Because of that, the market thinks a rate hike in October is less likely. CME FedWatch shows about 38% chance of a 25bp hike in October and 62% chance of no hike. Goldman Sachs now expects the next hike in December, not October. But Fed's Kashkari said inflation is still too high. September ADP jobs added 90,000 jobs. Now all eyes are on September jobs rep

Big news on-chain - Bitcoin accumulator addresses, wallets that ONLY buy and never sell, just hit a new all-time high. According to CryptoQuant, they bought over 375,000 BTC in the last 30 days, with 50,000 BTC added in a single day when BTC fell below $100k. Their monthly average has doubled from 130k to 262k BTC in less than 2 months. These are the strongest hands in crypto - wallets with at least 2 incoming transactions that have never spent a single sat. No exchanges, no miners. Once BTC goe

Yesterday was all about precision. We forecasted, the market followed. Three waves of shorts, all closed in profit. Wave 1: Midday to Afternoon We called the top and shorted the drop. BTC: 83498 -> 82617 (+881 points) ETH: 2659 -> 2634 (+25 points) Wave 2: Afternoon to Evening Second setup, same result. BTC: 83794 -> 83048 (+746 points) ETH: 2697 -> 2658 (+39 points) Wave 3: Overnight Swing Short Held the big swing short overnight for max profit. BTC: 84350 -> 83066 (+1284 points) ETH: 2720 -> 2