BTC market snapshotBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PJuliiaBTC price has found support in the 86–87k zone. There is still a chance of further decline toward the 78k area. At the moment, a triangle pattern is forming, which in a large percentage of cases plays out in the direction of the previous trend. If the price manages to break the local resistance at 90,500, there is a chance to resume growth and form a double bottom on the higher timeframe. In case of a resistance breakout, the price may very quickly move toward the 105–106k zone. 🚀 We see a historically minimal amount of Bitcoin on exchanges, which indicates a future lack of sellers 🚀 We see aggressive accumulation by whales in both Ethereum and Bitcoin 🚀 According to surveys, 50% of traders are sitting in cash, which can also be a signal of potential future FOMO 🚀 We see the beginning of capital flows from the banking sector and equities 🚀 A drop in hashrate and miner capitulation, which historically has often coincided with signs of a correction bottom 🚀 The emergence of new financial instruments in crypto for capital inflows: XRP, SOL, HYPE ETFs 🚀 Altcoins are oversold