BREAKING
258d 16h ago

BTC Breakout: Whale James Wynn Forecasts $118K Following $2.5 Billion Bitcoin Treasury Announcement

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bitcoin has recently garnered considerable attention after James Wynn, a prominent crypto investor, signaled a potential price surge. On May 27, Wynn remarked on social media, indicating that the leading cryptocurrency is on the verge of a significant breakout. His positive forecast suggests that BTC may reach an impressive value of $118,000 within the week. This optimism comes on the heels of the Trump Media Technology Group’s announcement regarding its ambitious $2.5 billion Bitcoin treasury initiative. In a bold move, Wynn has expanded his position, increasing his exposure to Bitcoin by an eye-popping 40 times. Industry analysts are closely monitoring these developments, as they may signal a larger shift in institutional investment trends. Such strategic maneuvers reflect growing confidence in Bitcoin’s long-term viability as a primary asset in the evolving landscape of digital currencies.

Share News:
Don't Miss Breaking News