Abraxas Capital has deposited $143 million in $BTC and $59 million in $ETH to exchanges today. This is a major reason crypto market is dumping... #BTC Price Analysis#
$BTC daily Supertrend has flipped green. Last one pumped Bitcoin by almost 15% in 4 weeks. A similar pump means BTC will hit $76,000 by August. #BTC Price Analysis# #Altcoin Season#
Damn… $BTC just surged back above $66,900, triggering $217M in liquidations within hours. Over the past 24 hours, total crypto liquidations have reached $426M. Current leverage: - $1.52B in shorts - $10.19B in longs That’s 6.7× more longs than shorts, with liquidation risk extending all the way down to $57,000.. #BTC Price Analysis#
$BTC ETFs just absorbed $619,300,000 in consecutive inflows since the July 13 selloff. BlackRock's IBIT alone accounted for $506,100,000. 82% of all inflows. One fund. The selloff saw $424,700,000 walk out the door. $619,300,000 walked right back in. More came back than left. And BlackRock bought the dip harder than everyone else combined. When the largest asset manager on earth buys with that conviction. Pay attention... #Altcoin Season# #Macro Insights#
Bitcoin is above $66,000. ETFs have now bought $BTC for five straight trading days with $226.80M in inflows today The longest inflow streak since May. After weeks of uncertainty, institutional demand finally looks like it's returning. If these inflows continue while Bitcoin holds this breakout, I think the market starts looking very different.. #Macro Insights# #BTC Price Analysis#
The more I look at the $SOL ecosystem, the more I notice how important real utility is becoming. Meteora is an interesting example. With its new Referral Staking Program, $MET holders can potentially benefit from the expansion of its liquidity network and DLMM trading activity. That creates an interesting connection between the token and the growth happening within the ecosystem. I've also been watching $MET on Bitget as trading activity picks up. With price and volume gaining attention, it's definitely a token I'm keeping on my radar. If Meteora continues to expand its liquidity infrastructure while giving $MET more utility, I think the story around the token could become even more interesting over time. #Altcoin Season#
Bitcoin ETF inflows are back. But zoom out. $273 million has entered spot $BTC ETFs over the last two weeks. That sounds impressive until you remember how much capital left during the recent sell-off. The question isn’t whether buyers have returned. It’s whether they’re returning with enough size to change the trend... #BTC Price Analysis#
Bitcoin is now testing the $63,000 support. The combination of fresh geopolitical headlines from the Middle East and renewed uncertainty around U.S.-China relations has pushed markets into a more risk-off mood. From a technical perspective, $63,000 is the level I'm watching. Lose it, and I think $61,000 comes into play fairly quickly. Hold it, and this could simply be another healthy retest before $BTC has another go at reclaiming $64,000. For now, nothing has changed. $63K. $64K. $65.7K. Those are still the levels that matter... #Altcoin Season# #Macro Insights#
$BTC is now testing the $63,000 support. The combination of fresh geopolitical headlines from the Middle East and renewed uncertainty around U.S.-China relations has pushed markets into a more risk-off mood. From a technical perspective, $63,000 is the level I'm watching. Lose it, and I think $61,000 comes into play fairly quickly. Hold it, and this could simply be another healthy retest before Bitcoin has another go at reclaiming $64,000. For now, nothing has changed. $63K. $64K. $65.7K. Those are still the levels that matter.. #Macro Insights# #Altcoin Season#
Bitcoin bottoms don't hurt because of the price. They hurt because of the calendar. 2018 and 2022 both put the low in fast, then spent seven more months doing absolutely nothing while everyone quietly gave up. We're in the nothing. How many months of chop before you sell? $BTC #BTC Price Analysis#
$BTC is moving towards the $63,000 level. US stock futures are mixed, while oil is soaring. Pre-market stock trading insights: ▫️Nasdaq futures is up 0.32% 🟠 ▫️S&P futures is down 0.20% 🔴 #BTC Price Analysis#
SOMEONE BOUGHT 2,931 #BITCOIN WHEN IT WAS JUST $6,513... $BTC Then did absolutely nothing for 7 years. Today, they finally moved all $188 million worth. 🤯
JUST IN: Strategy raises $466.7 million by selling 4.82 million MSTR shares. The company made no Bitcoin purchases last week and continues to hold 843,775 $BTC
THE WORST PART OF THIS BITCOIN CYCLE MAY STILL BE AHEAD. The last time $BTC looked like this, it spent another 153 days chopping sideways before the real breakout began. Most people won't have the patience.. #BTC Price Analysis# #Altcoin Season#
EVERYONE THINKS THE WORST IS OVER. That's exactly what happened in 2022. Bitcoin reclaimed $20,000, and the market declared the bottom was in. Then $BTC crashed another 20% before the real capitulation. This cycle looks eerily similar. Most investors believe the panic is over. But if history repeats, the final capitulation may still be ahead... #BTC Price Analysis#