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#BTC Bitcoin Shows Relative Strength

“Although global instability and the bear market are expected to persist, the low volume of deposits into exchanges validates the exhaustion of selling pressure in Bitcoin.”

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JUST IN: $72,000 Bitcoin

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#onchain
🐃 CryptoQuant: On March 4, 28,195 BTC ($2b) were withdrawn from centralized crypto exchanges – a net outflow.

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🐱🙏🐶🚨

🇺🇸 New York Stock Exchange parent company ICE invests in Bitcoin exchange OKX at a $25 BILLION valuation.

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JUST IN: Brent crude oil price surges to $85, up 20% in the past 6 days.

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⚠️ BlackRock restricts withdrawals from credit fund to $26b (Bloomberg)

Investors have started to massively pull money out of BlackRock’s HPS Corporate Lending Fund, which invests in the private credit market.

▪️ Investors requested withdrawals of 9.3% of assets
▪️ Managers allowed only 5% to be withdrawn
▪️ Instead of ~$1.2 billion, investors will receive about $620 million

Investor anxiety is growing in the $1.8 trillion private credit market.

Following the news, BlackRock’s shares dropped more than 7%, and other private credit sector managers also came under pressure.

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🐷 Could Bitcoin reach $500,000?

A popular chart circulating on X suggests that Bitcoin is currently testing a multi-year trendline that has historically marked major market bottoms on the monthly timeframe.

According to this analysis, BTC approaching this long-term support could indicate that the market is close to forming a macro bottom — potentially setting the stage for a massive long-term move, with some projections pointing as high as $500K.

However, the key nuance is the timeframe. On the monthly chart, Bitcoin could still close March around $60K and the long-term trend would remain intact.

In other words, short-term volatility doesn’t necessarily break the broader structure.

The bigger picture suggests that as long as BTC holds this multi-year trendline, the long-term bullish scenario remains possible.

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JUST IN: 🇺🇸 Average US gas prices rise to $3.45 for the first time since September 2024.

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JUST IN: Brent crude oil surges 18% to $110 in the first 10 minutes of trading.

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🍸 #ZEC In April, the American company Foundry will launch a mining pool for Zcash specifically for institutional investors.

Foundry – one of the largest mining pools for BTC, controls about 23% of the global hashrate.

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#insider #oil
🇮🇷🇺🇸 Reuters: Iran has laid about a dozen mines in the Strait of Hormuz.

Today Donald Trump is expected to make a statement on the strategic oil reserves.
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JUST IN: 🇺🇸 US to release 172 million barrels of oil from the Strategic Petroleum Reserve.

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#ton
❗️Massive Telegram outage worldwide…(Downdetector)

Media may load slowly, messages might freeze, and for some, the messenger crashes periodically.

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🏔💒🌄♨️

Metaplanet establishes Metaplanet Ventures to support Bitcoin ecosystem development in Japan 🇯🇵

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#oil
🛢 Donald Trump: The USA is the largest oil producer in the world by a wide margin, so when oil prices rise, we make a lot of money.

BUT a far more important task for me as president is to prevent the evil empire, Iran, from obtaining nuclear weapons and destroying the Middle East and, essentially, the whole world. I will never allow that!

Сrypto Headlines

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🐷 BILLIONAIRE JACK DORSEY SAID BIG BANKS AND WALL STREET WILL BE FORCED TO ADOPT #BITCOIN

"WE DON'T NEED THEIR PERMISSION."

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Please follow through into the topic “sense swap bot“.

https://t.iss.one/+lkFmrNf-yU1jMzQ8
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JUST IN: Bitcoin reclaims $72,000

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🏴‍☠️ Europol and FBI took down the SocksEscort proxy network – press release

Operation Lightning: 34 domains seized, 23 servers confiscated, and $3,500,000 in cryptocurrency frozen.

The network infected home routers with malware and sold access to scammers – for hacking crypto wallets and hiding their location. Since 2020, 369,000 IP addresses across 163 countries have passed through it.

Examples of victims:
A New York resident lost $1,000,000 in cryptocurrency.
A company from Pennsylvania lost $700,000.
US military personnel suffered losses of $100,000.

The operation involved: FBI, IRS, Europol, Eurojust, police forces of Austria, Bulgaria, France, Germany, Hungary, the Netherlands, and Romania.

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#altcoins
🐃 Matrixport: Preconditions are forming for a crypto market recovery.

➠ Sentiment remains weak, and trading volumes are near lows. Many traders have shifted to gold and oil – trends are clearer, and volatility is higher than in most altcoins.

➠ However, a thaw is beginning. Bitcoin has been declining for 5 months – a historically rare pattern that often preceded countertrend rallies.

➠ Altcoin market capitalization has also dropped to levels from which cyclical rebounds have historically started.

➠ The altcoin market’s analytical model still hasn’t formally entered bullish territory, but more and more tokens are passing quantitative momentum filters and trading above their 30-day moving averages. Liquidity is improving – inflows of stablecoins to the market are resuming.

➠ Taken together, the signals point to a gradual increase in the likelihood of a broad crypto market recovery.

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🐷

“Bitcoin has held up better than I would’ve expected.”

Luke Gromen

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