Bitcoin’s Wild Ride: Jane Street Sued, 10 AM Dump Dumps Itself!

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Holy guacamole, Bitcoin just did a somersault and added $120B after Jane Street got sued! The infamous 10 AM dump? Kaput! Crypto market goes “cha-ching” with a $200B gain. Mazel tov!

So, picture this: Jane Street gets sued, and suddenly Bitcoin’s like, “Hold my blockchain,” and shoots up 10%. Coincidence? I think not! The 10 AM dump pattern-aka the “Jane Street siesta”-took a permanent vacation. Traders are now sipping crypto-tinis instead of crying into their coffee.

The timing? As subtle as a whoopee cushion at a wedding. Prices climbed, selling pressure took a nap, and the crypto world went, “Wait, what just happened?”

Bitcoin’s Price Does the Mambo After Five Weeks of the Blues

Bitcoin, the disco king of crypto, finally ditched its five-week funk and busted a move. A 10% jump? That’s $120 billion in market value, baby! The weekly candle went from red to green faster than you can say, “HODL!”

This is MESHUGAH.

Jane Street gets sued, and boom-the 10 AM manipulation takes a hike.

Bitcoin’s up 10%, $120 billion richer, and the weekly candle’s greener than a leprechaun’s hat. The crypto market’s like, “Take THAT, gravity!”

– Bull Theory (@BullTheoryio)

After weeks of getting kicked around like a hacky sack, Bitcoin finally said, “Enough!” and bounced back. Selling pressure? More like selling pressure-off. The first clear break in the misery sequence-hallelujah!

Trading volumes? Through the roof! Spot demand? Stronger than a bodybuilder on a protein shake. Derivatives data? Shorts are sweating like a schvitz.

Bitcoin’s Daily Chart: From Doom to Boom

On the daily chart, Bitcoin’s like a phoenix rising from the ashes-or at least from the $60,000 level. A bounce to $68,000? That’s what I call a comeback! Recent candles are glowing like a menorah, showing renewed buying interest. But let’s not forget: the broader structure still looks like a staircase to nowhere.

Momentum indicators? They’re stabilizing faster than a Mel Brooks punchline. The MACD histogram’s positive, and the MACD line’s flirting with a bullish crossover. Downside momentum’s weaker than a wet noodle, but don’t pop the champagne yet-we need sustained upward movement.

Resistance at $70,000-$72,000? That’s the crypto equivalent of climbing Mount Everest in flip-flops. Break above it, and we’re golden. But if Bitcoin can’t hold above $65,000, it’s back to the $60,000 support level-cue the sad trombone.

The 10 AM Dump: A Pattern or a Punchline?

For months, traders were like, “10 AM? Time for the Jane Street dump!” No formal proof, just a lot of finger-pointing and social media drama. Every day at 10 AM, Bitcoin would take a nosedive like it was dodging a pie in the face.

10 AM used to mean one thing: Jane Street’s daily dump-a-thon.

Then they got sued for insider trading.

Next day at 10 AM? Bitcoin goes, “Sike!” and moons instead.

Coincidence? Or did the crypto gods just hit the reset button?

– Nonzee (@0xNonceSense)

Jane Street gets sued, and the next day at 10 AM, Bitcoin’s like, “Not today, Satan!” and shoots higher. Coincidence? Maybe. But the timing’s as suspicious as a vegan at a steakhouse. No direct link? Sure, sure. But traders are side-eyeing this harder than a mother-in-law at a family reunion.

Data providers? Still mum on the 10 AM pattern. But hey, when the crypto world’s this dramatic, who needs formal research?

Related Reading: Bitcoin’s Next Stop: $44K-$35K in 2026? One Analyst’s Doomsday Prophecy

Crypto Market Goes on a $200 Billion Shopping Spree

The crypto market didn’t just bounce back-it did a backflip and stuck the landing. A $200 billion gain? That’s more than a Black Friday sale! Ethereum, Solana, and the gang all joined the party, leaving volatility in the dust.

Sentiment? Still as cautious as a cat in a room full of rocking chairs. Macroeconomic concerns, regulatory drama-it’s enough to make anyone nervous. But for now, the crypto world’s like, “Let’s enjoy the ride while it lasts.”

Will the 10 AM dump return? Who knows? Traders are watching legal developments like hawks and trading flows like they’re binge-watching a soap opera. One thing’s for sure: in crypto, the only constant is chaos. And that, my friends, is why we’re all here.

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2026-02-26 11:21