Batcoin Battle of $ 100,000: Why does the support level decide the fate of BTC Bull Run star-news.press/wp

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BTC Bull Run is suspended in the balance, where it works for $ 100,000 as a major axis amid the achievement of whale profits and total opposite pioneers.

“Bitcoin is still on sale,” says Michael Sailor.

After Bitcoin (BTC) closed a decrease of 6.5 % of an open $ 115778, the claim bears weight. Meanwhile, Mstr entered BTC through three purchases during the month, with an average of $ 116,168 per coin.

However, these positions are now sitting on a loss of 7.3 % unrealized. Does this make Mstr call for playing risk, and perhaps merchants stand out, and promotes the idea that BTC Bull Run has not been fully powerful yet?

Macro fluctuations test Bitcoin’s MSTR

September starts with a packed Economic evaluation Set to move the markets.

We got ISM PMI, practical, initial unemployment demands, trade balance, non -agricultural salaries, and unemployment rate, all of which are scheduled to be released in the first week of the historical declining month in BTC.

However, all eyes on September 17, when the markets are largely priced in mitigation. 86.4 % chance to reduce average, 13.6 % no change, and 0 % rise, which makes the version of this week for BTC Bull Run.

Source: CME Group

Simply put, the American macro background is the MSTR’s support key BTC bet.

Logic is simple: the main consumer price index in July is 2.7 %, under 2.8 % expectations, while Core Core CPI increased by 0.3 % as “expected”, and the most monthly profit in six months, while maintaining inflation dynamics.

The result? FOMC held prices unchanged. Bitcoin bottom, which raised $ 124,000 in the previous BTC Bull. The question now is whether the current macro conditions can lead to a similar crowd for BTC, which supports the MSTR position.

Support worth $ 100,000 now

September Historically The raw BTC has been corrected.

On average, IT -3.5 % of the MOM investment return, the only month in which losses are constantly dominated, after the moderate monthly return in June -0.14 %. This seasonal weakness is something that traders keep in front of the flows.

Moreover, the data on the chain shows a significant rise in the profits of the new BTC whales, which represents the largest in more than a month.

It is worth noting that the first prominent height returned in mid -July, directly when the BTC Bull Run race reached 123 thousand dollars.

Source: Cryptoquant

Simply, the smart money lasts BTC Tactical reinstitation.

In fact, the lack of “purchase of fear” of whales contradicts the aggressive bitcoin betting from Mstr. Traders appear to be in a mode of typical flow in September, although the market pricing in lowering prices.

In fact, the Federal Reserve has a little incentive to reduce the economic risks after voluntary, which makes lowering prices unlikely.

Thus, all the signs reach the drop, as they seem $ 100,000 now as a major support and a possible pivotal area for BTC Bull Run.