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2024-01-12 16:03:49 -

Critical Update: The introduction of Bitcoin ETFs with 11 players approval, consider it as a long-term positive development. Short-term may witness quite a swing, large profit takings and market manipulations.

In short-term, these ETFs are being used to arbitrage Bitcoin through OTC backdoor deals and cash-creation setups for big players. The Grayscale Arb is a particular pain right now causing a lot of this movement so do not let your emotions turmoil the trades.

Meanwhile retail investors are rotating into other assets chasing the latest pump and that is ETH as it's not been in the direct target at this market. Eye on SOL as great chances are there for beautiful swings mostly in your favor.

Critical Update: The introduction of Bitcoin ETFs with 11 players approval, consider it as a long-term positive development. Short-term may witness quite a swing, large profit takings and market manipulations. In short-term, these ETFs are being used to arbitrage Bitcoin through OTC backdoor deals and cash-creation setups for big players. The Grayscale Arb is a particular pain right now causing a lot of this movement so do not let your emotions turmoil the trades. Meanwhile retail investors are rotating into other assets chasing the latest pump and that is ETH as it's not been in the direct target at this market. Eye on SOL as great chances are there for beautiful swings mostly in your favor.

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2024-09-06 15:04:06 -

Still, unbiased market follow can win.

Still, unbiased market follow can win.

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2024-09-06 15:01:01 -

Spot #Bitcoin ETFs have faced significant turmoil due to a persistent streak of outflows, continuing for seven days, with no new inflows throughout the week. This has heightened uncertainty in the Bitcoin community, especially as today's Bitcoin's price has dropped to $54,550, by 10:45am EST marking about a 5% decline over the past week and losing support around the $60,000 level. Major ETF providers like Grayscale, BlackRock, and Fidelity have reported substantial outflows, totaling $211 million on September 5, reflecting growing bearish sentiment among institutional investors. Despite Bitcoin spot ETFs having a total net asset value of about $50 billion since their inception in January, recent stagnation and negative market sentiment have contributed to increased volatility. Additionally, $39.53 million in Bitcoin liquidations over the past 24 hours, primarily from long positions, underscores the challenging market conditions and the dim outlook for a trend reversal in the near term.

Spot #Bitcoin ETFs have faced significant turmoil due to a persistent streak of outflows, continuing for seven days, with no new inflows throughout the week. This has heightened uncertainty in the Bitcoin community, especially as today's Bitcoin's price has dropped to $54,550, by 10:45am EST marking about a 5% decline over the past week and losing support around the $60,000 level. Major ETF providers like Grayscale, BlackRock, and Fidelity have reported substantial outflows, totaling $211 million on September 5, reflecting growing bearish sentiment among institutional investors. Despite Bitcoin spot ETFs having a total net asset value of about $50 billion since their inception in January, recent stagnation and negative market sentiment have contributed to increased volatility. Additionally, $39.53 million in Bitcoin liquidations over the past 24 hours, primarily from long positions, underscores the challenging market conditions and the dim outlook for a trend reversal in the near term.

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2024-09-04 18:12:27 -

This is an important week of economic data, with the Friday jobs report especially in focus. Economists polled by the Wall Street Journal expect the U.S. to have added 161,000 new jobs in August, up from 114,000 in July, and expect the U.S. unemployment rate to fall to 4.2%, from 4.3% in the previous month.

Such data is important to watch, as it could determine the short-term direction of bitcoin’s price (#BTCUSD).

This is an important week of economic data, with the Friday jobs report especially in focus. Economists polled by the Wall Street Journal expect the U.S. to have added 161,000 new jobs in August, up from 114,000 in July, and expect the U.S. unemployment rate to fall to 4.2%, from 4.3% in the previous month. Such data is important to watch, as it could determine the short-term direction of bitcoin’s price (#BTCUSD).

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2024-08-26 19:08:54 -

Narrow range, probably okay for a tinny profit when there's no commission charged. Otherwise not recommended to trade #BTC/USD at tight accumulation range but in high downward pressure. Bulls are quite supportive at lower range but bears are pressing hard at upper range. After the breakout, retest might trigger an upthrust. Yet to see.

Narrow range, probably okay for a tinny profit when there's no commission charged. Otherwise not recommended to trade #BTC/USD at tight accumulation range but in high downward pressure. Bulls are quite supportive at lower range but bears are pressing hard at upper range. After the breakout, retest might trigger an upthrust. Yet to see.

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2024-08-23 19:53:23 -

Bitcoin momentarily hit $62k following Powell’s speech on economic outlook. Crosses $63k with RFK Jr. endorsing Trump after weeks of back-channel courtship.

Bitcoin momentarily hit $62k following Powell’s speech on economic outlook. Crosses $63k with RFK Jr. endorsing Trump after weeks of back-channel courtship.

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2024-07-21 16:46:28 -

Zoomed version

Zoomed version

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2024-07-21 16:44:07 -

Trade (SELL) Signal @67540.70

Trade (SELL) Signal @67540.70

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2024-07-20 19:34:02 -

Developing... BTCUSD 15m Trade

Developing... BTCUSD 15m Trade

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2024-07-20 18:30:05 -

DECRYPT.CO

Kamala and Crypto? How Biden's Potential Replacements Feel About Bitcoin - Decrypt
Leading Democrats rumored to be in the running to take over the Democratic ticket represent a wide range of positions when it comes to crypto.

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2024-07-20 17:17:28 -

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000. Be cautious as this can go just the opposite.

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000. Be cautious as this can go just the opposite.

COINEDITION.COM

Why One Crypto Analyst Thinks Bitcoin Could Reach $100,000 in 2024
Analysts predict Bitcoin could surge to $100,000 in 2024, citing factors like ending German sell-off and ETF inflows. Read more on C.E.

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