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Bitcoin (BTC) climbing after Trump’s Crypto Reserve Reserve news shows signs of sustainable bullish run


Bitcoin (BTC) moved up 7% in the previous time, crossing $ 92,000 after Donald Trump announced Crypto strategic reserve. The price is up to 15% from recent lows of $ 78,000.

The data indicates this rally is driven by place demand rather than speculation -haka, which has signed a healthy, organic move. Spot Cumulative Volume Delta (CVD) shows consumers as aggressors, with over $ 200 million in spot inflows in the past time. Meanwhile, Futures open interest refuses, adopting that this climb has been -fueled by real purchase instead of — -inhalage -haka -haka.

Spot CVD (Glassnode)

Spot CVD (Glassnode)

Read more: Bitcoin jumped above $ 91k after turning news to Trump’s US Crypto Reserve



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