🗣 Galaxy Digital research head Alex Thorn stated that Bitcoin's recent weakness indicates it may drift lower in the coming weeks or months toward the 200-week moving average near $58,000. He highlighted that 46% of #BTC supply is currently underwater, with a significant supply gap between $70k and $80k. Additionally, Bitcoin has not traded in tandem with gold and silver as a "debasement hedge," which has weakened its narrative. Historically, the 200-week MA and realized price around $56,000 have marked strong long-term entry zones. link
🗣 Galaxy Digital research head Alex Thorn stated that Bitcoin's recent weakness indicates it may drift lower in the coming weeks or months toward the 200-week moving average near $58,000. He highlighted that 46% of #BTC supply is currently underwater, with a significant supply gap between $70k and $80k. Additionally, Bitcoin has not traded in tandem with gold and silver as a "debasement hedge," which has weakened its narrative. Historically, the 200-week MA and realized price around $56,000 have marked strong long-term entry zones. link
📉🤔 #BTC Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps.
📉🤔 #BTC Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps.
📉🤔 #BTC Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps.
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💰 Mark Moss breaks down the Perpetual Bitcoin Machine and how to grow your generational wealth.
He stated, “I am using both the cheap fiat credit system and the tax system to lever up and stack a giant Bitcoin treasury.” link
He stated, “I am using both the cheap fiat credit system and the tax system to lever up and stack a giant Bitcoin treasury.” link
Media is too big
VIEW IN TELEGRAM
💰 Mark Moss breaks down the Perpetual Bitcoin Machine and how to grow your generational wealth.
He stated, “I am using both the cheap fiat credit system and the tax system to lever up and stack a giant Bitcoin treasury.” link
He stated, “I am using both the cheap fiat credit system and the tax system to lever up and stack a giant Bitcoin treasury.” link
🇩🇪🕵️ ING Deutschland (ING-DiBa), one of Germany's largest retail brokers, has opened access for clients to invest in Bitcoin ETPs (ETNs), alongside ETP products for Ethereum and Solana, including staking-enabled variants, as well as crypto index ETPs. The offerings are provided by issuers such as 21Shares and can be traded directly via clients' securities accounts. link
🇩🇪🕵️ ING Deutschland (ING-DiBa), one of Germany's largest retail brokers, has opened access for clients to invest in Bitcoin ETPs (ETNs), alongside ETP products for Ethereum and Solana, including staking-enabled variants, as well as crypto index ETPs. The offerings are provided by issuers such as 21Shares and can be traded directly via clients' securities accounts. link