šØ METAPLANETāS $10.5M BTC BUY SPARKS MARKET BUZZ ā IS BITCOIN HEADING FOR $75K? šØ
In a bold move amid turbulent markets, Japanese investment giant Metaplanet acquired 156.78 BTC on October 28, adding to its holdings and bringing its total to over 1,000 BTC! This acquisition, worth approximately $10.5 million, has solidified Metaplanetās place as one of Asiaās biggest Bitcoin holders. The announcement sent a shockwave through the market, lifting the firmās stock by 7.18% and fueling anticipation of a BTC rally.
š„ Bitcoinās Critical Levels to Watch:
Current Price: BTC is trading near $69,400, marking a 3.1% increase in the last 24 hours.Resistance Level: $69,560 ā If Bitcoin can close above this line, it could open the path to the $72,000 target.Technical Outlook: BTCās position above the 200 EMA suggests bullish momentum, supported by a surge in trading volume and strong buying interest.
š Could BTC Hit $72,000?
With the 200 EMA acting as solid support, BTCās upward trajectory could continue if it clears the $69,560 resistance. A break beyond this level may prompt another wave of buyers, propelling BTC toward $72,000 and potentially setting up further gains.
As Metaplanet signals confidence in Bitcoinās potential, the market may follow, pushing BTC to new highs. Keep an eye on these critical levelsāBitcoinās next move could be explosive!
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