🚨 VanEck says Bitcoin is approaching the end of the correction phase, with 8 of 12 capitulation signals firing and long-term holders shedding 356K $BTC over the past month. Last one crash is coming. #Bitcoin #BTC Price Analysis# #BTC
⚡️ UBS more than quadrupled its BlackRock $BTC ETF position to nearly $90M, while its IBIT call exposure surged 24x in Q2. Smart, not like Saylor. #BTC #ETF #Macro Insights#
🚨 CZ will donate his $BNB and 币安人生 tokens to Giggle Academy, then abandon the wallet. He says this is to avoid more random memes being sent to the wallet and the resulting over-interpretation when he tries to burn these meme coins. #CZ #BNB
🚨 $BTC has never been below Fire Sale for this long and it's normal. Observe how its high point decreases; first above the red zone then on top then below and next time it will probably be below. Don’t look for complicated and be pragmatic. Bottom is not in. #BTC Price Analysis# #Bitcoin #BTC
With a decrease in the protocol's revenue due to the low volume of a late bear market and some unlocks at the end of the month, I think visiting $45 to respect the structure is probable.
Nothing broken yet, but risk/reward is clearly skewed to the downside from here.