Jul. 13 at 9:30 PM
$BTC.X
$MSTR $BITO $BITX $MSTY Key Drivers Behind the Surge
@MichaelSaylor_ is the main reason.
Institutional Inflows & ETF Momentum
Major institutional players are aggressively buying, draining liquidity, and pushing BTC above prior resistance. Spot Bitcoin ETFs have seen record inflows, signaling growing trust from professional investors
Technical Short Squeeze
The break above recent highs (~
$112K–
$116K) triggered massive short-covering. Over
$20 million in open short positions were liquidated in just one hour, sending prices toward the
$119K–
$120K zone.
In Michael Saylor We Trust.