Higher cost issuers suffered in the US, seeing $2.9bn of outflows, while newly issued ETFs have now seen a total of $4.13bn inflows since launch.
Читать полностью…#Bitcoin
$41,700 ~ $42,000 should be the crucial support to watch. Lose this crucial support #Bitcoin could see further declines toward $38,000, which was the resistance of Nov 2023.
If Bitcoin’s price loses ground below $38,000 support will lead to further downfall and the prices can slide to $29,000 ~ $30,000 area where I've said is the "last pain" before the bull rally market. You can read my Bitcoin halving and market prediction HERE
For altcoins bag-holders like me I decided it was appropriate to put together our Dollar Cost Average strategy for buying altcoins and I believe that buying alts when #Bitcoin price around $30,000 ~ $38,000 has a reasonable probability of becoming a huge profitable decision in long term.
Also, Do Your Own Research.
Notice of Removal of Spot Trading Pairs - 2024-01-19
https://www.binance.com/en/support/announcement/44f3c7f4136b40dda2c93ad0ecc2c0a9
Fidelity, Grayscale, Ark filing 8-A forms show progress for spot Bitcoin ETF applications
The Block
Binance Will Delist BTS, PERL, TORN, WTC on 2023-12-07
https://www.binance.com/en/support/announcement/d24dd4a035c443b1ad8cf49f60b9d194
The new ETFs took seven trading days to amass BTC holdings of more than 100,000 BTC
Читать полностью…#Bitcoin
Bulls are tanked.
US market is about to open and the GBTC outflows may continue for a few more days/weeks which is likely to create selling pressure and reduce prices. During this process the #Bitcoin price might experience decline to below $40,000.
For now $40,000 is still the key level but it’s getting weaker.
9% of the Bitcoin supply has never moved since it was mined —a large portion of which is believed to have been mined by Satoshi in the early days of Bitcoin’s history
Читать полностью…Tether now owns $2.8 billion worth of Bitcoin after recent $380 million buy
https://www.theblock.co/post/273338/tether-bitcoin-holdings-latest
Here is why I'm so bullish on $GALA
This will print +88% in short/mid term and +175% for swing trade.