$13 Billion Asset Manager Stone Ridge Buys 10,000 Bitcoins ($115 Million)
https://cryptopotato.com/13-billion-asset-manager-stone-ridge-buys-10000-bitcoins-115-million/

The Last 3 Times This MA Cross Took Place Bitcoin Price Rallied 42%
https://cryptopotato.com/the-last-3-times-this-ma-cross-took-place-bitcoin-price-rallied-42/

Top 25 24h USD Heatmap
Bybit: $90 Bonus📈

Bitcoin price metric suggests $15K surge after US elections — report

The MVRV ratio is firmly sticking to its 2-year uptrend, with support in place for fresh all-time highs, says Stack Funds.

Bitcoin (BTC) has support to climb all the way to $15,000 if historic trends repeat themselves this year, a new report says.

Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fuelling gains, which could smash $12,000 resistance.

Source~ Cointelegraph

The US Federal Reserve and FinCEN are proposing to lower the thresholds for any transfers outside the US from $ 3,000 to $ 250. The proposal will also expand the definition of "money" to include cryptocurrencies. #cryptocoffee

Alibaba Founder Jack Ma: Digital Currencies Can Create Value
https://cryptopotato.com/alibaba-founder-jack-ma-digital-currencies-can-create-value/

Someone Just Transferred $1.15 Billion (0.4% Of Total Bitcoins) for $3.6 Fees
https://cryptopotato.com/whale-alert-1-15-billion-0-4-of-total-bitcoins-transferred-for-3-6-fees/

BTC Price Analysis: Bitcoin Weakens As Wall Street In Deep Red, Is $14K Target Intact?
https://cryptopotato.com/btc-price-analysis-bitcoin-weakens-as-wall-street-in-deep-red-is-14k-target-intact/

Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US
https://cryptopotato.com/avanti-gets-banking-license/

UK Citizen Allegedly Used Bitcoin to Facilitate ISIS Members Prison Breaks
https://cryptopotato.com/uk-citizen-allegedly-used-bitcoin-to-facilitate-isis-members-prison-breaks/

Bitcoin is the best treasury reserve asset humanity’s ever had
You could easily lose up to 90% of your fiat savings to inflation alone in 100 years, but that would never happen with Bitcoin.

At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion.

The list includes MicroStrategy at the top, with close to 38,250 BTC (about $450 million). The second on the list is Galaxy Digital Holdings with 16,651 BTC (about $198 million). The third, with 4,709 BTC, is the payment company Square Inc., founded by Twitter’s CEO Jack Dorsey. Separately, some companies help their clients invest in BTC. One such company is Grayscale Investments through its GBTC trust, which holds around 450,000 BTC.

Source~ Cointelegraph

#Bitcoin #Future

BTC/USD Weekly (Most important chart) : Better to look at the weekly charts if you want to take proper decisions for your portfolio.
BTC is just trading above the resistance line at $14666. Weekly close below this level could easily open doors for $13650 and $12240.
Yeah it's true. BTC needs retracements to continue with the trend. Just keep in mind BTC is very bullish in Mid and Long term. We are just getting started.

We will wait for the weekly close now and update another Weekly chart on Monday.

Stay tuned

The Biden Effect: Bitcoin Price Plunged $850 Immediately After The Announcement
https://cryptopotato.com/the-biden-effect-bitcoin-price-plunged-850-immediately-after-the-announcement/