🇺🇸 Spot #BitcoinETFs Positive inflows with +$101M ( 12-06-2024 )
🔹 #Grayscale saw Zero Inflow/outflow
🔹 #Blackrock +$16M Inflow
🔹 Total Value Traded: $2.16 Billion ( As of 12th June )
🔹 Total Net Assets ~$60 Billion in 🇺🇸 Spot ETFs
Total inflows of +$101M in Spot 🇺🇸Bitcoin ETFs
1⃣ $IBIT +$16M (+232 BTC)
2⃣ $ARKB +$9M (+126 BTC)
3⃣ $BITB +$15M (+215 BTC)
4⃣ $FBTC +$51M (+752 BTC)
5⃣ $HODL +$12M (+172 BTC)
🔰 5 ETFs = +ve Inflow
🔰 6 ETFs = 0 Inflow/Outflow
🔰 0 ETFs = -ve Inflow
US Bitcoin ETFs Bought 1,500 $BTC Yesterday, which is Equal to Approximately 3.30 days supply.
"MicroStrategy is set to raise $500 million to buy more #Bitcoin...
He has no intention of stopping 🔥"
The big players hold 4.23 million Bitcoins, which is 27% of all active Bitcoins.
Who they are?
🟡 US Spot ETF = 862k BTC
🔴 Mt. Gox Trustee = 141k BTC
🔵 US Government = 207k BTC
🟠 All Exchanges = 2.3M BTC
🟢 Miners (Exc. Patoshi) = 706k
👨🏻💻 $BTC UPDATE (Continue)
- Bitcoin has broken down from a rising wedge pattern and the price is now moving downward.
- BTC has reached its support level at 68,000; if it breaks this, the price could drop below 67,000.
- Altcoins are also dumping significantly, so try to take entries only in strong projects.
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💰 #BNB won the Race among Majors Layer 1 Coins and printed a new all time high🏆
💰 #ETH & 💰 #SOL are the next ones to flip ATH📈
👨🏻💻 $KNC / USDT
#KNC Network Crystal has bounced off the weekly support zone
This bounce sets up a move towards the top of the channel and a breakout📈
The target price for this potential breakout is $2.00🎯
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👨🏻💻 $FIL / USDT
#FIL has cleared the first resistance level👀
Currently testing the second resistance🔍
If breakout is successful, $FIL is believed to reach $11.8🎯
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I remain bullish this is not the end of bull market just shaking out over leveraged and adding fear, Greed is still there in the market
Читать полностью…SEC Chairman Anticipates Approval of Ethereum ETF Application This Summer
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Bitcoin(BTC) Surpasses 68,000 USDT with a Narrowed 0.16% Decrease in 24 Hours
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🏃♀️ Now the thing to watch is $69100 mid level. If bulls manage to hold the price above, pump is incoming!
The decline will send us back to $67k 🥶
Rich Dad, Poor Dad author says, “#Bitcoin is the easiest way to become a millionaire.”
You agree with this?
Yes 👍🏻 No 👎🏻
Hedge funds are starting to short #Bitcoin like never before.
But the thing is, they short futures and buy spot. Diamond hands always make a profit. Don’t get manipulated by them. 🔥
#Crypto Total Market Cap
As was expected we playing sideways under the Major Resistance Zone💁♂️
Current market phase gives us an opportunity to accumulate #altcoins for the final #altseason and still grab some #BTC until it's too late😋
Breakout is expected for late Summer or early Fall🚀
#CryptoEase
👨🏻💻 $BTC UPDATE (Continue)
🔹Bitcoin's price is currently accumulating at its support level.
🔹This accumulation indicates a potential breakdown if the pattern continues.
🔹If Bitcoin breaks down from this support level, the next important support level is $66,500.
🔹Weekly candle also closed in green as we expected
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⛑ OTHERS/BTC UPDATE
This is the chart of crypto market capitalization excluding top 10 coins by mc against Bitcoin. As you can see, Altcoins marketcap has reached an ultimate bottom that was previously reached only a couple of times over the recent years:
- November 2023 (right before the Altcoin Season)
- April 2024 (during the crash)
- June 2024 (now)
This explains why it was quite difficult to earn something on this market over past few months and if you at least didn't lose - it's a good result AND...
Also gives us another hope that things will get better soon for Altcoins since we are approaching a strong support.
#CryptoEase
👨🏻💻 $AUDIO / USDT
#AUDIO symmetrical triangle pattern has formed💁♂️
In case of a successful bullish breakout, an upside move between 300% and 400% is projected📈
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👨🏻💻 $BTC UPDATE (Continue)
🔹#BTC is forming a rising wedge, which is a bearish pattern.
🔹If it follows this pattern, we can expect a price drop.
🔹The next immediate support for Bitcoin is at $67,000.
🔹Since it's the weekend, the market will be slow.
🔹Tomorrow is the weekly candle closing, and we can expect the closing to be green.
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