#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

#Opinion

🕯 Although #Bitcoin has fallen below $60,000 again, analysts from #Matrixport claim that the downward trend is over

Experts argue their position by noting that on June 25, #BTC had already reached a critically low level, and the Fear and Greed Index indicated a value after which prices typically begin to recover.

📈 Meanwhile, #StandardChartered predicts the value of digital gold to reach $100,000 closer to the US presidential election.
In their opinion, the price will respond to the prospects of Joe Biden participating in the election.

🪙 #Bitcoin hit a new low on May 2nd, reaching $57,700 and continues to decline

Over the past 24 hours, #BTC has lost 4%, yet market participants remain optimistic. Both #Glassnode and #CaprioleInvestment pointed out that a total of 374,000 coins from the four main #bitcoin players have been dumped on the market since the beginning of this year.

This volume is equivalent to a $24 billion dump 📉

#CryptoNews

⚡️ Donald Trump wants to make #Bitcoin a reserve asset of the United States

This was confirmed by Jason Lowery, author of the book
“Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin”.

According to Jason, representatives of Trump's campaign contacted him to consult about national security and the strategic significance of #BTC for the United States.

They canceled the gold standard and adopted the digital one 🤔

#CryptoNews

#Opinion

🔽 Significant sell-offs will begin when the price of #BTC falls below $38,000

Peter Schiff believes that at this level, most #Bitcoin-#ETF speculators will be at a loss and will start selling their assets en masse.

🪙 #Bitcoin is close to a market bottom

The price of #BTC is approaching the average post-halving mining cost for all miners. This signal may indicate that the asset has reached a price bottom.

Your forecast?
😭 — Sell
💎 — Buy

#CryptoNews

#Analytics #Bitcoin

🧭 The Fear and Greed Index is at 27, which gives hope for the growth of #BTC or consolidation in the 53,000-60,000 range.

There are two possible market scenarios:

📈 The price breaks the 59,000 level, and buyers hold the price above this level — this would indicate a more optimistic outlook for growth

📉 The price breaks the 59,000 level and falls back below it, or consolidates in the 53,000-59,000 zone. In this case, the price may reach the 48,000-52,000 range

This is not a trading recommendation

🪙 #Bitcoin is rising in response to statements from the US Federal Reserve Chairman and inflows into spot #ETFs

Jerome Powell claims that the Fed is focusing heavily on reducing interest rates and that inflation is moving towards the 2% level.

📈 As for ETFs, the net inflow yesterday amounted to $216 million, signaling that investors continue to buy the dip.

#CryptoNews

⚠️ The Fear and Greed Index has dropped to 25 (fear) for the first time since January 2023

The index indicates extreme fear among market participants despite positive news about inflation in the USA. Meanwhile, #Bitcoin has fallen below $57,000 again.

#CryptoNews

#Analytics #BTC

📈 #Bitcoin confidently broke through the $60,000 level

🕯 The next price stop is $63,000 - $63,850. A slight correction would benefit long traders.
🔼 For intraday trading, you can consider #Altcoins. All coins have bounced back following BTC, and consolidations with good levels can be found.

This is not a trading recommendation

#Opinion

🇨🇳 In the past few days, Twitter has been buzzing with rumors about the imminent lifting of the cryptocurrency ban in China

The timeline being suggested is mainly the fourth quarter of this year. If this information is confirmed, it will become a powerful catalyst for the growth of the entire cryptocurrency market, and #Bitcoin could easily stabilize in the range of $150,000 - $200,000 by the end of the year, as analysts predict.

💡 We are launching a new series of posts titled #BackInTheDay, where we will recall the most exciting and terrifying moments from the world of crypto. And of course, occurrences like this one:

🪙 13 years ago, on July 15, #Bitcoin stabilized at $14 per coin after falling from $29. Back then, investors, who are now often labeled as having "weak hands," were debating whether to sell #BTC to lock in their losses and get their fiat money back.

Those who continued to hold onto their digital gold and kept believing in bitcoin now have a 400,000% return on their investments.

Let that sink in… 🧠

#Opinion

🪙 #Bitcoin might increase by 365%

Analyst and trader #CredibleCrypto believes that the peak of this cycle for #BTC could be a 55%-365% increase from the current level.

Meanwhile, inflows into #Bitcoin-#ETF have been ongoing for 9 days and currently amount to $1.97 billion.

🪙 Whales have been accumulating #bitcoin all year

#CryptoQuant reports that since the beginning of 2024, wallet holders with a balance of 1,000 #BTC or more have bought a total of 1.45 million coins of digital gold.

While newbies are getting shaken down and bitcoins are being shaken out of weak hands, serious players continue to accumulate assets and believe in the market 📈

#CryptoNews