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#GateOfficiallyIntegratesPolymarket
$BTC โ
rebounded strongly! ๐
In just five minutes, the price jumped from $69,574 to $71,216 ๐ฑ
This is not just noise โ this is complete certainty from buyers.
What's the reason?
The rumor of peace between the United States and Iran was the spark, and the market responded quickly. ๐คฏ
But the real story lies at the $67.9K level:
The large holders defended this level
The 100โ1K BTC group was unaffected
This shows that institutions are firmly holding the bottom.
Current market:
ETF price โ $79.9K
Spot price โ $70.7K
Difference = 11.5% discount
New flows did not move the price much โ $80K is the next wall
Momentum indicators:
The Taker buy/sell ratio temporarily dropped below 1, and returned to 1.025
Buyers regained control but with difficulty
The seven-day moving average is still weak
๐ Summary:
$80K target is possible, but not guaranteed
The bottom at $68K must hold
If broken, large holders may panic โ and that changes everything