๐๐ค #BTC Over the past few months, there was a record sale of Bitcoins yesterday.
The sellers were mostly small traders (Fidelity). BlackRock managed to keep their clients from panicking when the 100K mark was broken.
The bullish trend is not over yet, but optimism has decreased noticeably.
The sellers were mostly small traders (Fidelity). BlackRock managed to keep their clients from panicking when the 100K mark was broken.
The bullish trend is not over yet, but optimism has decreased noticeably.
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๐๐ค CQ: #BTC Bull Score = 0 โ first time since January 2020.
To reignite strength: ETF inflows + liquidity growth + LTH re-accumulation must return fast. Otherwise, BTC drifts into an extended consolidation phase.
To reignite strength: ETF inflows + liquidity growth + LTH re-accumulation must return fast. Otherwise, BTC drifts into an extended consolidation phase.
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๐บ๐ธ๐ฃ #BTC President Trump says crypto "takes a lot of pressure off the dollar. It does a lot of good things. We're making the US the Bitcoin superpower, the crypto capital of the world".
๐๐ค #BTC supply at a loss reaches 30%. This level has historically preceded major rallies - CryptoQuant
๐ซก #BTC Jim Cramer gave another reversal signal. After his latest post, the market began to grow rapidly.
๐ #XRP's price has bounced back, and users who bought the dip have enjoyed a nice +12% jump in the past 24 hours. Notably, XRP Ledger data indicates there were 21,595 new XRP wallets created in a 48-hour span in the past couple days, the highest level of growth in 8 months.
๐๐ #BTC enters a full compression phase, where a bottom could begin to form, but it must not close below the red line (EMA 55) around $97.5Kโ$99K. Holding this zone keeps the bullish structure alive.
๐๐ค Swissblock: Meanwhile, altcoins may continue drifting lower as BTC stabilizes. There are constructive signs suggesting Bitcoin can rebuild for a new bullish leg once a bottom forms, though this process will take time; thereโs no V-shape recovery in sight.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
๐ #ETH Cointelegraph: After a flash drop to $3,050 and $1.3B in long wipes, ETH faces a wall of $7B short liquidity near $4K.