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#BTC/USDT ANALYSIS

BTC has done deviation by closing some candles above the ascending triangle and it has also grabbed the downward liquidity by a liquidity grabbed wick.

Currently, it is trading above the trendline and the Ichimoku cloud support and a solid breakout or breakdown of the triangle would confirm the short term direction of the market.
Breaking: BlackRock scoops up 11,500 #BTC during the dip.

BlackRock has reportedly bought a staggering 11,500 Bitcoin from the available supply during the latest dip since the launch of its spot Bitcoin ETF.

This amount is significant, considering that only 900 BTC are issued daily. The purchase by BlackRock effectively represents about 13 days’ worth of #Bitcoin production being absorbed by a single player.
@cryptobaba1m
BlackRock’s IBIT ETF now holds almost 50,000 #BTC as AUM hits $2 billion.
🚨🚨🚨 In the past 24 hours, 37.213 traders were liquidated, the total liquidations comes in at $113.39 million.

The largest single liquidation order happened on OKX - #BTC-USDT-SWAP value $4.69M.
Just In 🚨🚨

Another 32,500 BTC worth $2.2 billion transferred by Mt. Gox to a new address

They've transferred a total of 106,500 #BTC    worth $7.2 billion so far
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📊 Bitcoin ETF Inflow : 2024-08-06

#IBIT : $0.0K
#FBTC : -$64.5M
#BITB : $0.0K
#ARKB : -$28.9M
#BTCO : $0.0K
#EZBC : -$23.0M
#BRRR : $0.0K
#HODL : $0.0K
#BTCW : $0.0K
#GBTC : -$32.2M
#BTC : $0.0K

📊 Net Inflow : -$148.6M

7-day Avg : -$57.1M