13843
This Channel Aims to Provide Cryptocurrency Signals for both (Short term and Long term ) 📍Signal Executive Head & Premium Membership @EaseAdmin 📍Paid Promotions & IDO Promotion Contact @EaseAdmin
Bitcoin ETF volumes hit 7-week high as BTC price nears $67K
This surge in trading activity is a very positive indicator for the market🔥
🚨 #NOT has broken support at $0.0129. If you're holding, monitor support closely.
Below the trendline, #NOT is bearish on the 1-minute chart. Failure to hold may lead to $0.005.
#GMRX LOOKS GOOD HERE FOR SHORT TERM SCALP FOR 20-100% GAINS - AVAILABLE ON BYBIT 🔥🤝.
#DYOR #NFA
CPI: +3.4% YEAR-OVER-YEAR (EST. +3.4%)
U.S. CORE CPI: +3.6% YEAR-OVER-YEAR (EST. +3.6%)
Huge day for the whole market, be ready for some volatility! CPI data in less than 2 hours 👀
Читать полностью…
Bitcoin’s 90-day correlation with US equities rose to 0.17 last week, after reaching a multi-year low of just 0.01 in March.
Overall, Bitcoin’s correlation with risk assets remains well below its bull market highs of over 0.6
#Bitcoin Update ( Continuous)
🔹Bitcoin faced rejection around $63,500 and is currently experiencing a downward trend.
🔹The next potential support level for Bitcoin is around $60,500.
🔹The outflow from Hong Kong ETFs has impacted Bitcoin's price, but the negativity may not persist for long.
🔹Major banks like JP Morgan and other institutes are buying Bitcoin ETFs, indicating a positive outlook for Bitcoin's future.
Stay tuned for more information!!
🇺🇸 Spot #BitcoinETFs Positive inflows with $65.96M ( 13-05-024 )
🔹 #Grayscale & #Blackrock saw Zero Inflow/Outflows
🔹 Total Value Traded: $1.36 Billion ( As of 13th May )
🔹 Total Net Assets ~$52.86 Billion in 🇺🇸 Spot ETFs
🔹 Only #Fidelity #Bitwise #VanEck saw +ve Inflow
Total inflows of $65.96M in Spot 🇺🇸#BitcoinETF
1⃣ $BITB $20M ( 330.32 BTC )
2⃣ $FBTC +$39M ( 628 BTC )
3⃣ $HODL +$7M ( 115.53 BTC )
4⃣ Others = Zero Inflow/Outflow
🔰 3 ETFs = +ve Inflow
🔰 8 ETFs = 0 Inflow/Outflow
US Bitcoin ETFs Bought 1074 $BTC Yesterday which is Equal to Approximately 2 and Half days supply.
🚨 Big News for #Ethereum Coming Soon! 🚨
Only 12 Days to Go!
In just 12 days, something important is happening. The #SEC will decide on three #EthereumETF applications by May 25th.
This is big news for $ETH
We're watching closely and will keep you updated.
#Bitcoin Update (Continuous)
🔹There haven't been many changes in Bitcoin, and it's still accumulating above $60k.
🔹Tomorrow is weekly candle closing, and this time, a red closing might be seen.
🔹From the On-Chain perspective, there's a chance of the price dropping below $59k due to available liquidity.
Stay tuned for more information!!
- Liquidity between 60k to 59k levels is still available.
- However, liquidity near 64k is higher.
- Bitcoin may revisit the 59k level.
- Then, it could potentially rise back to around 64k to capture the liquidity there.
JUST IN 🚨 : 🇮🇳 Binance obtains registration with India's Financial Intelligence Unit. 👀
Читать полностью…
Wow!! European regulators may let #Bitcoin join the $12 trillion UCITS market which is almost double the size of US ETFs! 🌍
👉 Source
🚨 Breaking News! 🚨
🇺🇸 VanEck US, a major investment firm with assets under management worth $89.5 billion, has just launched a #memecoin index!
🔹 Featured Coins:
$DOGE ( #Dogecoin )
$SHIB ( #ShibaInu )
$WIF (Dogwifhat)
$BONK (Bonk Inu)
$PEPE (PepeCoinETH)
$FLOKI (Floki Inu)
#VanEck #BitcoinETF
Bitcoin Dominance has risen above 54%, leading to a weakening of altcoins....
However, there's a chance of some accumulation in Bitcoin Dominance, possibly stabilizing altcoin prices with less significant drops.🤞
During this accumulation phase, low-cap coins might witness more pumps compared to high-cap coins...
📍#Bitcoin Update (Continuous)
- Bitcoin's price is still holding above $65,000, which is a positive sign.
- It is following falling wedge pattern and after a successful retest it bounced back.
- Based on this trend, Bitcoin could reach $70,000 this week.
- Bitcoin supply on exchanges is falling to new lows and demand is increasing..🔥
Stay tuned for more information!!
📍#Bitcoin Update (Continuous)
🔸Bitcoin broke out of the falling wedge pattern, retested, consolidated, and bounced.
🔸Yesterday, US CPI data came in lower, resulting in a $5000 price pump.
🔸$67,500 is the next resistance area.
🔸If we break this level, then $70,000 will be the next target for Bitcoin.
Stay tuned for more information!!
As you can see, just 0.1% difference in CPI can pump the market hard!
Читать полностью…
US Unadjusted CPI Annual Rate Stands at 3.4% in April
Click to see more
📍#Bitcoin Update (Continuous)
🔹Bitcoin is trying hard to maintain its position above $60k
🔹Today's market will be volatility due to the release of CPI data.
🔹It's expected to come 3.4%, but if it above this, we might see a market fall.
🔹The CPI data will play a crucial role in determining whether interest rates will be cut in the future or not. However, I don't believe it will exceed 3.4 today.
- Hong Kong's Bitcoin and Ether ETFs experienced a significant outflow.
- The outflow amounted to a record-breaking $39 million.
- This wiped out the gains made by these ETFs over the course of two weeks.
#Avax is forming a triple bottom pattern, indicating a bullish trend.
Potential target price is $40 if the pattern is followed.
However, there are lower probabilities due to the increasing Bitcoin dominance, currently at 55.2%, which is unfavorable for altcoins.
If signs of reversal appear in dominance i will inform you. So be Active and stay tuned 👍
📍#Bitcoin Update (Continuous)
🔹Bitcoin's weekly candle closed in the red, just like we thought it would.
🔹Around the 56k to 57k range, we're seeing a trendline that seems to be supporting the price.
🔹If Bitcoin breaks below the support at 59k, it might reverse in price with the help of the trendline support.
Stay tuned for more information!!
📊 CME Fed Watch: There is a 96.5% probability that the Fed will maintain interest rates in June, and a 3.5% probability of a cumulative 25 basis point rate cut.
Читать полностью…
📍#Bitcoin Update (Continuous)
🔹Bitcoin has returned to its support level at $60,000 because there was liquidity available
🔹However, this support has been tested multiple times before, making this level Weak and could break Possibly.
🔹Grayscale's selling pressure was higher yesterday, contributing to the downward movement.
🔹The total outflow from Grayscale was $103 million.
Stay tuned for more information!!!
📍#Bitcoin Update (Continuous)
🔹Bitcoin has successfully retested its support and shown an upside move in its price thereafter.
🔹On the upside, the 50MA at 65,000 is acting as a resistance, so if the price reaches there, we might see a rejection.
🔹The support at 60,000 has been tested multiple times which is why it becomes Weak
Stay tuned for more information!!
Bitcoin Update Continuous
▫️Bitcoin's price is currently retesting the falling wedge pattern, where we're also seeing significant support.
▫️If this Support breaks There's a chance for Bitcoin will back Below $59,000 and potentially reach $57,000 where it will form a Double bottom pattern.
▫️After this, we might see a bounce back and the price could move towards reclaiming its upside liquidity.
Stay tuned for more information!! ✅
#Bitcoin Update Continuous
🔹On the one-hour time frame, Bitcoin is forming a descending channel.
🔹Along with this, there's also a double bottom pattern forming, indicating a potential upward movement in the price of Bitcoin which could send the price above $64,500.
🔹However, if the pattern isn't followed, we might see a drop down to $61,000, which is an immediate support level.
Stay tuned for more information!!🚀
We may spend some time in a tight range before the pump. Greed is on the streets again!
I don't really use this indicator for positioning, but sometimes it helps understanding the bigger picture.