💰 Bitcoin Rockets Towards $50K as Bulls Dominate Amid ETF Surge!

Bitcoin’s price trajectory dominates headlines as it inches closer to the $50,000 milestone amidst ETF flows and regulatory scrutiny. BTC’s value currently stands at $48,153.12, witnessing a 1.8% increase from yesterday and a 12.0% surge over the past week. The cryptocurrency‘s aggregate traded volume over the last 24 hours amounted to $20,273,385,785, reflecting heightened market activity. The overall crypto market cap jumps by 9.46% to $1,739 billion, fueled by the fear of missing out (FOMO) sentiment.

Source

https://t.me/Bitcoin_Magazine

⚡️ ₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: The price of a Bitcoin 💰 hits to $50,000

https://t.me/Bitcoin_Magazine

💰 Bitcoin Traders Snap Up Options at $65K and Above on Deribit

The surge in options trading at prices exceeding $65,000 on Deribit reflects the growing confidence among traders in Bitcoin’s potential for further gains. As Bitcoin (BTC) continues its upward movement reaching heights of over $50,000, a recent pattern has formed on the derivatives market Deribit, with traders actively acquiring options contracts at prices surpassing $65,000.

Source

https://t.me/Bitcoin_Magazine

💰 Bitcoin ETF market sees $631 million inflow in one day

The Bitcoin ETF market exhibited a continued surge in net inflows on Feb. 13; the trading day saw a total positive net flow of $631 million across all providers, with a total net inflow of 12,736 BTC, according to BitMEX Research. BitMEX data shows that BlackRock IBIT marked a notable achievement with a huge $493 million influx, catapulting the BlackRock IBIT ETF to an impressive total of $4.6 billion. This surge also increased BlackRock’s Bitcoin holdings in ETF to 105k BTC.

Source

https://t.me/Bitcoin_Magazine

💰 Gold ETFs bleed $2.4B so far in 2024 as Bitcoin ETFs hit record volumes

Gold-tracking exchange-traded funds (ETFs) have lost billions in outflows in 2024, in contrast to ETFs tracking the spot price of Bitcoin. The 14 leading gold ETFs have seen outflows of $2.4 billion so far in 2024, according to an X post from Bloomberg intelligence analyst Eric Balchunas on Feb. 14. Only three had seen minor inflows in 2024: VanEck Merk Gold Shares, FT Vest Gold Strategy Target Income ETF and Proshares UltraShort Gold.

Source

https://t.me/Bitcoin_Magazine

💰 "#Bitcoin is the fuel for the new internet."

- Alexis Ohanian, Co-founder of Reddit

https://t.me/Bitcoin_Magazine

💰 US banking groups lobby SEC for rule change to enter Bitcoin ETF market

Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for a rule change to facilitate their participation. In a Feb. 14 letter to SEC Chair Gary Gensler, a coalition comprising the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the Financial Services Forum advocated their stance.

Source

https://t.me/Bitcoin_Magazine

💰 Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets

US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market data. Incidentally, the total AUM of Bitcoin ETFs is a sizeable fraction of the overall AUM of gold ETFs, according to data shared by Bitcoin Archive. The $37 billion AUM of spot Bitcoin ETFs is equal to 39.8% of the $93 billion AUM of gold ETFs and 28.5% of both classes’ combined $130 billion AUM.

Source

https://t.me/Bitcoin_Magazine

💰 Billionaire Stanley Druckenmiller says he should own Bitcoin

“It’s clear young people look at #bitcoin as a store of value. It’s a brand. I don't own any, but I should.”

- Stanley Druckenmiller

https://t.me/Bitcoin_Magazine

🇺🇸 U.S. Congressman says criminals rather use USD than Bitcoin 💰

"bad actors still prefer to use traditional finance rather than digital assets."

- French Hill

https://t.me/Bitcoin_Magazine

💰 Bitcoin futures open interest reaches highest level since November 2021

Open interest for Bitcoin futures on centralized exchanges has hit a new high for the year, reaching levels not seen since November 2021 and highlighting increased trading activity around the largest cryptocurrency. According to CoinGlass, the aggregated open interest for Bitcoin futures reached $22.9 billion on Monday, the highest since the final quarter of of 2021, closely approaching the peak of about $24 billion made then.

Source

https://t.me/Bitcoin_Magazine

🚀 Historic Bitcoin Trend Alert: The 0.618 Fibonacci Sequence Signal! 📈

Crypto Traders, the signal is clear! Bitcoin has just marked a monumental event. For the first time in 3.5 years, BTC has closed a weekly candle above the critical 0.618 Fibonacci retracement level—a historical precursor to previous cycle peaks.

➡️ https://t.me/ChartsSignalsTrading

Why This Matters:
- A Proven Indicator: Historically, when Bitcoin's price has closed above this Fibonacci level, it has not fallen below until after the cycle's peak is reached.
- The Cycle’s Implication: If BTC follows this historical pattern, we are on the cusp of a bull run that could extend into the end of 2024 or early 2025.
- Strategic Positioning: This could be the indicator we've been waiting for, signaling a potential sustained period of growth for Bitcoin and possibly altcoins.

What You Should Do:
- Pay Close Attention: This is not the time to sit back. Keep a close eye on the markets, as this could be the starting gun for a long-term rally.
- Consider Your Strategy: Whether you’re a long-term holder or a short-term trader, this signal suggests it’s time to re-evaluate and possibly adjust your crypto strategy in anticipation of the upcoming market movements.
- Stay Informed: Follow https://t.me/ChartsSignalsTrading for real-time analysis, strategic insights, and alerts on how to potentially capitalize on this trend.

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Remember, in the world of cryptocurrency, being ahead is everything. Make sure you're equipped to take advantage of this potentially groundbreaking trend.

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