By successfully closing a 4-hour candle above 78.5k, Bitcoin has officially confirmed a Trend Flip on the intraday chart.
The ongoing $1 billion BTC conversion from the SAFU fund is now acting as a following bid. Every time the price tries to dip, these institutional orders are stepping in to catch it, making a Double Bottom less likely and a V-Shape Recovery more probable.
#BinanceBitcoinSAFUFund #USCryptoMarketStructureBill #AISocialNetworkMoltbook #intcusdt
