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Bitcoin at Risk: Weekly Close Below $82K May Trigger Liquidations

Disappointment over Trump’s BTC reserve order risks a weekly close under $82K, potentially triggering $1.13B in leveraged long liquidations.

• Main Points:

  • Key Support at $82K: Bitcoin must close above $82K to avoid further declines.

  • Reserve Order Disappointment: The order uses seized BTC, failing to boost fresh market inflows.

  • Investor Sentiment: Lack of new federal purchases dampened expectations and momentum.

  • Liquidation Risk: Falling below $82K could trigger over $1.13B in leveraged liquidations.

  • Macroeconomic Pressure: Broader economic concerns continue to weigh on Bitcoin’s price.

• Detailed Insights:

  • Federal reliance on forfeited BTC disappointed investors expecting fresh inflows.

  • Bitcoin trading below $90K signals a loss of significant price momentum.

  • A close under $82K risks triggering $1.13B in leveraged long liquidations.

  • Macroeconomic events like CPI and job reports add pressure on Bitcoin’s price.

  • Bitcoin’s RSI at 28 suggests oversold conditions and potential bottoming.

  • Future budget-neutral strategies could help restore bullish investor sentiment.

  • Regulatory and economic influences remain key factors for short-term BTC stability.

Related: US Reserve Order Disappoints: $370M ETF Outflows

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Saylor Urges US to Acquire 25% of Bitcoin Supply

Michael Saylor proposes that the US government acquire up to 25% of Bitcoin’s total supply by 2035, potentially generating trillions for the US Treasury.

• Main Points:

  • Strategic Proposal: Saylor advocates consistent, programmatic daily BTC purchases from 2025 to 2035.

  • Massive Reserve Vision: A 25% reserve could generate over $10 trillion annually for the nation.

  • Never Sell Policy: He emphasizes a “Never sell your Bitcoin” strategy for sustained growth.

  • White House Summit: The proposal was presented at the March 7 White House Crypto Summit.

  • Exceeds Prior Proposals: The 25% target far surpasses earlier government acquisition plans.

• Detailed Insights:

  • Saylor recommends daily, programmatic BTC purchases from 2025 to 2035.

  • Reserve could generate over $10 trillion annually for U.S. prosperity.

  • Document titled "Digital Assets Strategy to Dominate 21st Century Economy."

  • Presented document to President Trump and crypto leaders at summit.

  • US reserve plan expects budget-neutral strategies without additional taxpayer cost.

  • 25% allocation equals 5.25 million BTC, far exceeding earlier proposals.

  • Saylor continues accumulating Bitcoin; Strategy holdings approach nearly 500,000 BTC.

Related: Banks Cleared for Crypto: OCC Lifts Regulatory Barriers

XRP Faces 20% Downside Risk Amid Stockpile Letdown

Technical pressures and a disappointing Digital Asset Stockpile, which excludes XRP, could drive the token 20% lower.

• Main Points:

  • Triangle Formation: XRP’s weekly chart shows a symmetrical triangle, targeting a drop to around $1.46.

  • Stockpile Exclusion: Trump's Digital Asset Stockpile did not include XRP, sparking a 10% decline.

  • Key EMA Vulnerability: XRP/BTC may break below key EMAs, heightening downside risk.

  • Distribution Phase: Record volume surges and whale sell-offs signal further weakness.

• Detailed Insights:

  • XRP’s symmetrical triangle suggests a potential move to $1.46, matching the 50-week EMA.

  • Exclusion from the US Digital Asset Stockpile disappointed investors, triggering a sharp 10% dip.

  • A break below the 200-2W EMA could push XRP/BTC toward lower support around 1,700 satoshis.

  • Record trading volumes and declining whale holdings indicate a distribution phase is underway.

  • Historical patterns warn that similar setups in crypto markets often lead to significant declines.

  • Lack of institutional backing further weakens XRP’s near-term bullish prospects.

  • Ongoing sell-offs may trigger a ripple effect, pushing XRP down by an estimated 20%.

Related: 4 Catalysts to Propel SOL Back to $180

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results