🇺🇸 Bitcoin Presses Higher as Accumulation Meets Risk-On Flows
Improving structure keeps upside in play, though follow-through remains the key test.
🪙 Crypto Market Overview
Bitcoin moved toward the 94,000 USD level as risk-on sentiment returned to Wall Street, supported by strong seasonal tailwinds.
This move came despite a softer-than-expected ISM print, reinforcing the idea that Bitcoin is increasingly trading ahead of the business cycle, rather than reacting directly to single macro data points.
Spot order-book data continues to show steady bid support, suggesting ongoing accumulation at current levels. Larger players may be positioning ahead of the U.S. Senate vote on the crypto market structure bill and the anticipated announcement of the next Fed Chair.
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