📉 #BTC is falling

Analysts from 10x Research warn that in the near future #Bitcoin may correct down to the $50,000 level

😭 — There’s no takeoff
🔥 — Short sellers will get wiped out, and then we’re going to the moon

🪙 #Analytics #Bitcoin

The 58970 zone is a strong support level for buyers.

📈 Mid-term trade:

Buy #BTC/#USDT in the range of 58000 - 61000.

Targets: Close 80% of the position at 64700 - 66100. Set a stop order at breakeven for the remaining 20%, aiming for a breakout of the ATH at 73946.

this is not a trading recommendation

#Opinion

🕯 Analysts from #SpotOnChain believe that Wall Street traders are making a classic mistake

By analyzing the 30-day flow dynamics into spot #bitcoin-#ETFs, experts concluded that Wall Street is buying #BTC at its peaks and selling at its lows.

Good for them! Selling low means that you bought it high 😞

#Opinion

🔼 #RobertKiyosaki has joined the #crypto brotherhood and predicts the collapse of the #dollar

It seems that the bestselling author on passive income has fully transitioned to the topic of crypto in his statements. This time, he called #Bitcoin money based on rules, while dollars are fake and debt money that make people poorer.

According to Robert, he already has 30 #BTC, and he continues to buy them every month, anticipating an imminent bull run 🚀

We’re looking forward to his new book, "Rich Dad Crypto Dad."

🪙 The Fear and Greed Index correlates with the price of #Bitcoin

Analysts from #CryptoCon have noticed a connection between the index value and the price of #BTC. When the indicator approaches the fear mark at 30, it indicates a price bottom for the asset. According to experts, this could be a signal for long-term investors to enter the market.

Currently, the Fear and Greed Index is at 40 and still in the fear zone 🤔

🔽 #BTC hashrate continues to fall — what does it mean?

Since May, the computing power in the #bitcoin network has decreased by 30%, and miners continue to shut down equipment after the halving to avoid operating at a loss.

Currently, mining profits can only be generated by new generations of ASICs with high energy efficiency and those installed in locations with favorable electricity rates.

Pressure on miners might cease after the rise of bitcoin to $75,000, which could subsequently lead to even greater growth, as farm owners will stop selling their coin reserves to cover losses.

#CryptoNews

🪙 The influx of money into #Bitcoin #ETFs is growing

Yesterday's trading session ended with an influx of $129 million, marking the fifth consecutive day of inflows into #BTC-ETFs.

However, judging by the reactions to the previous post, not all of you know what an ETF is, so here’s a special #Glossary:

📌 ETF (Exchange-Traded Fund) — a fund that holds a collection of securities based on a particular asset (in our case, Bitcoin).

💸 An ETF share is a security that guarantees the right to own a corresponding portion of the fund's asset. That is, the fund buys Bitcoin, and investors buy Bitcoin securities, bypassing all the technological difficulties associated with blockchain operations, choosing wallets, and the risk of losing coins.

Moreover, ETFs can be bought through regular brokerage accounts, making Bitcoin accessible to a larger number of potential investors and companies that do not want to take on the risks of storing cryptocurrency but want to invest in the asset.

🚀 — if you finally understand what an ETF is

#CryptoNews

📈 If #Bitcoin rises to $65,000 in the near future, $940 million worth of shorts will be liquidated

🚀 — We are going up
💔 — Summer is the time for shorts