JUST IN: BlackRock says Bitcoin "creates global internet value that allows assets to move at low cost and in near real-time across borders."

‼️Key Events This Week:

1. January CPI Inflation data - Tuesday
2. US Retail Sales data - Thursday
3. Philly Fed Manufacturing data - Thursday
4. January PPI Inflation data - Friday
5. Total of 8 Fed speaker events this week
6.~20% of S&P 500 companies report earnings

50k 🫡 .. 48k support🍀 #btc

Told ya 48k support #btc at 51.5k now

Market funding rates are now red, each long position is now paying funding to those holding shorts.

Greed is topping, weekly closing will be important. Just observe no need to catch a flying fish

Feb 14 Update:

#iShares(#Blackrock) added 10,003 $BTC($518M) today and currently holds 105,280 $BTC($5.45B).

8 ETFs added 14,104 $BTC($730.3M) and #Grayscale decreased 1,912 $BTC($99M).

Bitcoin - a product of crypto mining industry is no longer cheap.

50500 - 50k FVG #btc

When ETF approval #eth

Probable bullmarket top #btc

1hr tf deflecting from trend line. A probable retest of 50k #btc

https://www.tradingview.com/x/7PEEUHAA/
MULTI YEAR trend line since 2018 broken down on USDT.D 🍀

🇺🇸FED SPEAKERS THIS WEEK:

*FOMC MEMBER BOSTIC (WED. 8:00AM)
*FOMC MEMBER BOWMAN (WED. 1:00PM)
*FED FOMC MINUTES (WED. 2:00PM)
*FED VICE CHAIR JEFFERSON (THURS. 10:00AM)
*FOMC MEMBER HARKER (THURS. 3:15PM)
*FOMC MEMBER COOK (THURS. 5:00PM)
*FOMC MEMBER KASHKARI (THURS. 5:00PM)
*FOMC MEMBER WALLER (THURS. 7:35PM)