Bitcoin mining company IREN announces plans to issue $2 billion in convertible senior notes due 2033, with proceeds to be used for data center expansion, AI and HPC infrastructure development, debt repayment, and general corporate purposes. IREN states that the offering is targeted at qualified institutional buyers and plans to grant initial purchasers an additional $300 million over-allotment option.

We’re getting close to a point where a lot of money in AI and tech will start rotating into hard assets like oil stocks, gold, and Bitcoin.

【$BTC Signal】1H pullback to buy, depth shows more sell pressure but not dropping price $BTC Depth ratio of 0.87, sell orders are significantly thicker, but price has not fallen, 1H MACD histogram -2.4 contracting, bearish momentum weakening. 4H Bollinger middle band at 80719 provides support, EMA50 around 80861 with buy orders absorbing. 🎯Direction: Long (pullback buy orders) ⚡Entry/Order: 80856.5 - 81012.0 range, prioritize placing orders near 81012 🛑Stop loss: 79835.6 🚀Target 1: 83364.9 🚀Target 2: 84541.3 🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect capital. Depth logic: 1H RSI at 54, not overheated, funding rate at 0.0024% is low, no short squeeze risk. Current low-level buy orders and selling pressure above form a stalemate, this balance needs a catalyst to break. 4H bullish MACD remains above zero, trend is intact, pullback with a risk-reward ratio of 2.0, good for layout. Check real-time market 👇 $BTC --- Follow me: Get more real-time analysis and insights on crypto markets! $BTC $ETH $SOL ‍#Gate广场五月交易分享 #比特币波动 #Polymarket每日热点