#Tia looks to rise up on breakout from darvas box. 1day close above 14.75 with 12% stoploss.
β€βπ₯1
π¨ππΎ π¨ CRYPTO CAFFEINE
New CME gap was formed at ~41950$. Other gaps that have not yet been filled on the CME exchange: 1) 53600 π 2) 38800 π 3) 29600 π 4) 27000 π 5) 26100 π ...more FYI: Β±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month). Keepβ¦
So moye moye happnd today. Filling 1st cme Gap, below gaps are huge buying opportunity.
β€βπ₯1
We are so close to halving. Every selling pressure will be absorbed by wicks.
#BTC 4hr still testing range high. Watchout for PA development. If it want be in range or wanna break range highs or lows.
Fund Flow Model Bitcoin
- The launch of a Bitcoin spot ETF in the US may lead to significant inflows (long-term).
- Galaxy estimates around $14.4 trillion in US assets could potentially invest in the ETF.
- If 10% of these assets allocate 1%, it could result in $14.4 billion inflows in the first year.
- If we refer to the model and the current price the market is pricing around $1 billion seed into US spot-base ETFs.
Note: Corporations and funds may take time to gain confidence and invest in Bitcoin ETFs. The true potential will develop over time.
- The launch of a Bitcoin spot ETF in the US may lead to significant inflows (long-term).
- Galaxy estimates around $14.4 trillion in US assets could potentially invest in the ETF.
- If 10% of these assets allocate 1%, it could result in $14.4 billion inflows in the first year.
- If we refer to the model and the current price the market is pricing around $1 billion seed into US spot-base ETFs.
Note: Corporations and funds may take time to gain confidence and invest in Bitcoin ETFs. The true potential will develop over time.
π1
BTC
$BTC
Bitcoin will reach 100K soonπ
When Bitcoin was at 69K, there was no such thing as an ETF. In fact, leveraged ETFs were approved to harm Bitcoin. As a result, Bitcoin surged from 17K to 69K π€£ Bitcoin will continue to attract all the smart money in the world.
Stick with $XRP, $ROSE , $MANA , $SAND , $MATIC , $ARB , $SEI
$BTC
Bitcoin will reach 100K soonπ
When Bitcoin was at 69K, there was no such thing as an ETF. In fact, leveraged ETFs were approved to harm Bitcoin. As a result, Bitcoin surged from 17K to 69K π€£ Bitcoin will continue to attract all the smart money in the world.
Stick with $XRP, $ROSE , $MANA , $SAND , $MATIC , $ARB , $SEI
Market Data for This Week
Monday
US - Consumer Credit (NOV)
JP - Tokyo Core CPI (DEC)
AU - Retail Sales (NOV)
Tuesday
US - Atlanta Fed GDPNow (Q4)
GER - Industrial Production (NOV)
EU - Unemployment Rate
Wednesday
US - Crude Oil Inventories
US - 10-Year Note Auction
Thursday
US - CPI Inflation (DEC)
US - Jobless Claims
EU - ECB Economic Bulletin
CN - CPI Inflation (DEC)
CN - PPI Inflation (DEC)
Friday
US - PPI Inflation (NOV)
UK - GDP (NOV)
Monday
US - Consumer Credit (NOV)
JP - Tokyo Core CPI (DEC)
AU - Retail Sales (NOV)
Tuesday
US - Atlanta Fed GDPNow (Q4)
GER - Industrial Production (NOV)
EU - Unemployment Rate
Wednesday
US - Crude Oil Inventories
US - 10-Year Note Auction
Thursday
US - CPI Inflation (DEC)
US - Jobless Claims
EU - ECB Economic Bulletin
CN - CPI Inflation (DEC)
CN - PPI Inflation (DEC)
Friday
US - PPI Inflation (NOV)
UK - GDP (NOV)
#Crypto Watchlist for the week ahead:π
$BTC - Jan. 10 is the next anticipated deadline for spot BTC ETFsπ
$MATIC - A big announcement regarding Polygon zkEVM is coming next week
$FXS - Frax's L2 launch is expected very soon. FraxChain will come with a points system
$VELA - Vela Exchange recently introduced "Credits", which seems a mysterious points program. More details might be revealed in the next weeks
$APT - $227M APT tokens will be unlocked next week
BTC-related Tokens - If a spot BTC ETF gets approved, $BITCOIN, $STX, and $ORDI will likely significantly outperform the market
$STG - LayerZero V2 is coming this month + $ZERO token will launch in Q1. $STG holders might get a $ZERO airdrop as Stargate is the largest protocol built on LayerZero
And that's it for this week.
$BTC - Jan. 10 is the next anticipated deadline for spot BTC ETFsπ
$MATIC - A big announcement regarding Polygon zkEVM is coming next week
$FXS - Frax's L2 launch is expected very soon. FraxChain will come with a points system
$VELA - Vela Exchange recently introduced "Credits", which seems a mysterious points program. More details might be revealed in the next weeks
$APT - $227M APT tokens will be unlocked next week
BTC-related Tokens - If a spot BTC ETF gets approved, $BITCOIN, $STX, and $ORDI will likely significantly outperform the market
$STG - LayerZero V2 is coming this month + $ZERO token will launch in Q1. $STG holders might get a $ZERO airdrop as Stargate is the largest protocol built on LayerZero
And that's it for this week.
#BTC_Update
For the first time in its history, $BTC forms a βgolden crossβ on the weekly chart
For the first time in its history, $BTC forms a βgolden crossβ on the weekly chart
#btc about to reach .618-.65 golden pocket at 48-49k.ππ«‘
https://twitter.com/GaryGensler/status/1744383653008839126?s=19
SEC Chairman Gary Gensler tweeted: Some things to keep in mind if you're considering investing in crypto assets: Those offering crypto asset investments/services may not be complying w/ applicable law; Investments in crypto assets also can be exceptionally risky & are often volatile; Fraudsters continue to exploit the rising popularity of crypto
SEC Chairman Gary Gensler tweeted: Some things to keep in mind if you're considering investing in crypto assets: Those offering crypto asset investments/services may not be complying w/ applicable law; Investments in crypto assets also can be exceptionally risky & are often volatile; Fraudsters continue to exploit the rising popularity of crypto
β‘οΈβ‘οΈβ‘οΈβ‘οΈβ‘οΈβ‘οΈ
CNBC: Trading of spot #Bitcoin ETFs could begin Thursday or Friday π
Crypto markets have added nearly $600 billion in market cap since September 2023 in anticipation of this.
That's a ~60% jump total crypto market cap, putting #Bitcoin put 170% over the last year.
What happens when these ETFs finally get approved?!π€π
CNBC: Trading of spot #Bitcoin ETFs could begin Thursday or Friday π
Crypto markets have added nearly $600 billion in market cap since September 2023 in anticipation of this.
That's a ~60% jump total crypto market cap, putting #Bitcoin put 170% over the last year.
What happens when these ETFs finally get approved?!π€π
π‘π‘π‘π‘
Global banking giant Standard Chartered says $50-$100 BILLION could flow into #Bitcoin ETFs in 2024
Global banking giant Standard Chartered says $50-$100 BILLION could flow into #Bitcoin ETFs in 2024
#glassnode
BTC Price Performance Since Cycle Low
Bitcoin has completed four cycles that each included both bull and bear markets. In this chart, we see how the current market cycle, which began in 2022, compares to the previous cycles.
π Cycle 1: +4,445%
π΄ Cycle 2: +10,930%
π΅ Cycle 3: +1,780%
π’ Cycle 4: +385%
β«οΈ Current Cycle: +171%
BTC Price Performance Since Cycle Low
Bitcoin has completed four cycles that each included both bull and bear markets. In this chart, we see how the current market cycle, which began in 2022, compares to the previous cycles.
π Cycle 1: +4,445%
π΄ Cycle 2: +10,930%
π΅ Cycle 3: +1,780%
π’ Cycle 4: +385%
β«οΈ Current Cycle: +171%