favourndukwe (@favourndukwe) • Hey
favourndukwe (@favourndukwe) • Hey
Publications
- The Bitcoin downtrend is broken, the uptrend starts here.
- 937 financial firms disclosed spot Bitcoin ETF holdings in Q1 2024.
Gold ETFs had just 95 firms invested in its first quarter.
- The Bitcoin funding rates are going extremely negative on this most recent pump!
- The 9th largest state pension fund in the USA just bought Bitcoin. The states will lead.
- Bitcoin broke out of the descending triangle and is now coming down for a retest after being rejected by the MA 200. The Ichimoku cloud is acting as support. A successful retest of the triangle would confirm bullish sentiment. If the price closes inside the triangle, we might see further movement within its boundaries.
- Something is really strange now. ETH is inflationary again
- Bitcoin is forming an inverse head and shoulder on the weekly timeframe.
With all the bullish news coming, soon there will be a massive breakout
- Short-term Bitcoin holders are capitulating during the most recent $BTC dip.
- Japanese public company Metaplanet bought an additional 19.87 Bitcoin
The company now holds over 117.7 BTC worth $ 7,396,560
- European regulator considers allowing Bitcoin exposure to be added to $ 12 TRILLION market for UCITS. UCITS are almost 2x bigger than US ETFs!
- Grayscale (GBTC) Daily Bitcoin Flows: +63.1m, first inflow since ETF conversion
- This Bitcoin falling wedge breakout is just getting started. Waiting For Pull Back
- Bitcoin has officially processed over 1 billion transactions.
- Bitcoin is creating a weekly bullish HAMMER candle! And try to Breakout Now 🔥
- Bitcoin is still creating a HUGE falling wedge! Resistance Level is 60500-61000, If it breaks the Resistance Level then Next will be 66000 and 70000
- Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
- $ 450 million liquidated from the Bitcoin market in the past 24 hours
- Bitcoin Slips Under $ 62K as Hong Kong #ETFs Disappoint
Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.
- MicroStrategy acquired an additional 122 BTC for $ 7.8 million and now holds 214,400 BTC.
- Bitcoin is currently forming a symmetrical triangle pattern. The Ichimoku cloud and the 100-day moving average are acting as resistance levels. Additionally, the MACD crossover is indicating a shift towards bullish momentum. Therefore, it is advisable to await a definitive breakout or breakdown of the triangle for confirmation of the next direction.
- THE SPOT ETHEREUM ETF WILL LAUNCH IN 30 DAYS
- SEC SUED OVER ETHEREUM!
Crypto firm Consensys is suing the US SEC over Ethereum regulation, asks court to state that the $ETH token is not a security.
- 📉 BlackRock's Bitcoin ETF, $IBIT, had no inflows for the first time since its launch, ending a 71-day streak.
Fidelity’s $FBTC gained $ 5.6M, while ARK's $ARKB added $ 4.2M.
Grayscale's $GBTC faced a $ 130.4M outflow.
- U.S. Bitcoin ETFs saw +$ 31.4m net inflows today.
Blackrock's $IBIT inflow streak is at 71 consecutive days
- Bitcoin is currently retesting above the descending triangle and trading below the MA 100, which serves as a notable resistance level. On the bullish side, both the MA 200 and the Ichimoku cloud indicate a positive trend. As long as BTC remains above the Ichimoku cloud, the likelihood of continued bullish momentum remains high.
- Flows for Bitcoin ETFs on 4/22: inflows of +$ 62 million & 936 $BTC
- Bitcoin Network transaction fees hit an all-time high, reaching 75%
Influenced by rune mining activity, Bitcoin miner revenue on April 20 reached $ 106.7 million, 75.444% of which came from network transaction fees, an all-time high
- Bitcoin ETFs hold 851k Bitcoin, 4.3% of circulating Bitcoin. After strong starts with inflows up to $ 2.5B, there's a slowdown since March. With Bitcoin at $ 60k after a drop, are more corrections ahead?
- Grayscale outflow -$ 90M today.
306,000 Bitcoin left. They began with 620,000 in Jan. More than 50% left.
- Ethereum Support is lost and we have a bearish pennant below the one
More downside is coming📉
- Bitcoin is reclaiming the horizontal support after experiencing a breakdown. It has also broken down below the MA 200. The RSI is bouncing from the oversold region. A candle close above the horizontal support and a breakout of the MA 200 would be bullish confirmation. In the event of a rejection, a correction is also expected.
- Bitcoin bounced from the horizontal support of the descending triangle, with the RSI rebounding from the oversold region. A bullish move is expected from here, while a sustained breakdown of the triangle would confirm bearish sentiment.
- During the last two bull markets, the aggregate share of Bitcoin wealth aged less than 6-months old reached between 84% and 95%, indicating a saturation of newer holders.
This metric has increased dramatically since early 2023, rising from 20% on 1-Jan-2023 to 47% today. This suggests that the capital held within the Bitcoin holder base is roughly balanced between long-term holders and new demand.
- Potentially the first Asia Bitcoin TF is set to launch as soon as on tomorrow
- The U.S. government tops the charts as one of the largest Bitcoin holders with a stash of over 212,000 $BTC.
- $ 855 million liquidated from the crypto market in the past 24 hours.
- Binance announced the 52nd project on Binance Launchpool - Omni Network (OMNI)
⚡️Users will be able to stake their BNB and FDUSD into separate pools to farm OMNI tokens over four days.
🔥Listing date: 17 Apr, 12:00 (UTC) / 5:30 IST.
- The Spot Bitcoin ETF inflow was +$ 123,700,000 yesterday 🚀
- Bitcoin Important Support Zone is $ 68000, If The Break Then Next Support is $ 64300 But major Resistance Level is $ 73800 and Will Pullback Soon 🔥🔥🚀🚀🚀
- GrayScale sold hard today.
6.2K Bitcoin or $ 441M worth
- $ 84,000 is next for Bitcoin
- Bitcoin will go most exponential after the halving.
- Goldman Sachs, Citadel, Citigroup, and UBS added as authorized participants for BlackRocks spot Bitcoin ETF.
- 🔸500 days since Bitcoin hit the bear-market bottom. In 2020 Bitcoin went up 732% over the next 12 months from the same point.
If Bitcoin repeats this it will hit $ 491K by April 2025.
- CRYPTO NEWS: In the past 24 hours, 1,60,962 traders were liquidated. The total liquidations comes in at $ 536.55 million.
The largest single liquidation order happened on Binance - BTCUSDT value $ 10.02M
- Looks exactly like 2020 when $BTC broke a new all-time high. In 2020 Bitcoin went up 250% in 4 months after breaking a new all-time high.
That would take Bitcoin to 231,000 if it repeated this cycle.
- Digital asset investment products saw $ 862m inflows last week, fueled by recovery in Bitcoin ETFs
- 3,000 blocks until the Bitcoin halving in 19 days!
- Ethereum is forming a falling wedge which is typically considered a bullish pattern.
If Ethereum continues to follow this pattern, it suggests a potential breakout to the upside, indicating a bullish move in price."
- Several hours ago, the largest influx of USDC ever recorded occurred, with over $ 1.4 billion of USDC deposited on Coinbase. This sizable deposit signals potentially significant buying pressure, as these stablecoins can be utilized to purchase bitcoin.