Will BTC Treasury Liquidity Push to $70K?

Predictive signs for Bitcoin’s price are flashing right now, as the leading cryptocurrency is trading near the $73,000 levels, marking an 11% drop from a peak of over $82,500 earlier this month. Making the situation even more alarming is the well-known fund manager’s warning that the worst is not over yet.

Analysts believe that there is an expected outflow of 150 billion dollars due to the activities of the US Treasury, which could be a trigger that pushes the price of BTC further down before a real recovery.

In this regard, Michael Cramer, founder and CEO of Mott Capital Management, issued a warning recently Market analysis informationPointing out that the planned economic launch between May 28 and June 5 represents a perceived risk.

“In my experience, Bitcoin tends to be a better currency symbol than many other financial instruments,” Cramer wrote. “If hoarding leads to a shortage of money, Bitcoin could go down a lot.”

The mechanics here are simple and straightforward; When the Treasury sells new securities, money flows into the Federal Reserve account and out of the banks, preventing the riskier assets of “oil” that are supposed to rise.

The break of important support levels near $75,000 has already confirmed this, with the main economic forces driving the market at the moment. It is currently gathering A few additional features At the same time, making hope for a quick recovery seems far-fetched.

Bitcoin Price Forecast: $80,000 or $72,000?

Bitcoin is currently rising above the $73,000 level, while data suggests that $74,500 represents the nearest fulcrum. Based on our analytical model, we place BTC’s forecast at $75,800 in the near future, which indicates a bearish potential.

However, the speed indicators do not seem to help; The loss of the support area at $75,000 has now turned into a resistance area, forcing the sale to continue for several trading sessions.

For him, the engineer Mikael van de Poppe realized that the amount of $ 72,000 is the most important that should be taken care of, and $ 75,000 is considered as an immediate rejection. Van de Poppe puts more than 70% odds for BTC to reach above $80,000 if the support holds, but the odds are being tested in real time.

A guaranteed jump above $75,000 with strong trading could pave the way for a run to $80,000-$85,000. However, the expected case still includes between $ 72,000 and $ 76,000 until the beginning of June, given the time to reduce costs.

The bearish Scenario, which is consistent with the vague warning of Cramer, puts the repetition of small levels of $ 70,000 on the table if the results of the removal of $ 150 billion are stronger than expected.

In a related story, Galaxy Digital’s Alex Thorne lowered his year-end target to $120,000 instead of $185,000, while institutions such as Standard Chartered, Bitwise, and VanEck are still sticking to expectations of between $180,000 and $200,000.

The Bitcoin Hyper service requires an initial login

As the price of BTC breaks through resistance and economic pressures increase, the capital does not end but circulates. The question here is where am I going? Waiting for Bitcoin to take another $ 80,000 among the $ 150 billion in assets is a bet with low risk and long-term returns, so some investors are looking for projects at the beginning of the cycle.

Project analysis Bitcoin Hyper ($HYPER) As a Layer 2 solution for Bitcoin, it is already being sold. It is notable for being the first layer 2 of Bitcoin to incorporate the Solana Virtual Machine (SVM), providing a smart contract to execute faster than the Solana network itself.

The project aims to overcome the fundamental obstacles of Bitcoin, such as slowness, high fees, and lack of regulation, while maintaining the necessary security of the Bitcoin network.

Looking at the numbers, the pre-sale has been a success for the collection 32 million Until now, where the current price is $0.0136 For every token $HYPER, it is an opportunity to have a huge annual return up to 36% For first time participants. The project recently topped $32 million, indicating strong demand ahead of the sale.