$1.22B walked out of US crypto ETFs in one week (Oct 5-9).
$678.9M in BTC redemptions. $542.2M in ETH. Farside data shows the heaviest combined week of the selloff.
Yet Bitcoin is holding ~$83K on Sunday morning.
Because the tourists left, and the patient money stayed.
Fidelity's FBTC bought $354.1M of BTC over the last 20 trading days. Morgan Stanley added 92 coins, bringing its total to 10,639 (~$880M). Arkham data.
The loud money sold. The quiet money accumulated. That is the tape.
Now the week gets decided. CryptoQuant's Darkfost pegs the average holder's break-even at ~$80,500. BTC is oscillating right on it. Doubt lives exactly there.
A weekly close above $82,700 puts buyers back in control and opens 87K-88K (Ted Pillows). Lose $80,500 and doubt wins.
One card left: 11.31M APT (~$9M) unlocks today. Sunday volume is thin, so don't trade blindly.
$BTC weekly close is the trade. Watch the number, not the noise. šÆ
---
$1.22B flowed out of US crypto ETFs in one week (Oct 5-9).
$678.9M in BTC redemptions. $542.2M in ETH. Farside data shows the heaviest combined week of the selloff.
But Bitcoin is holding ~$83K on Sunday morning.
Because the tourists left, and the patient money stayed.
Fidelity's FBTC bought $354.1M of BTC over the last 20 trading days. Morgan Stanley added 92 coins, bringing its total to 10,639 (~$880M). Arkham data.
The loud money sold. The quiet money accumulated. That's the tape.
Now the week gets decided. The average holder's break-even is ~$80,500 (Darkfost, CryptoQuant). BTC is oscillating right on that line. Doubt lives there.
A weekly close above $82,700 means buyers are back in control and opens 87K-88K (Ted Pillows). Lose $80,500 and doubt wins.
One last card: 11.31M APT (~$9M) unlocks today. Sunday volume is thin, so don't trade blindly.
Watch the number, not the noise. šÆ
#Bitcoin #Crypto #Macro
$678.9M in BTC redemptions. $542.2M in ETH. Farside data shows the heaviest combined week of the selloff.
Yet Bitcoin is holding ~$83K on Sunday morning.
Because the tourists left, and the patient money stayed.
Fidelity's FBTC bought $354.1M of BTC over the last 20 trading days. Morgan Stanley added 92 coins, bringing its total to 10,639 (~$880M). Arkham data.
The loud money sold. The quiet money accumulated. That is the tape.
Now the week gets decided. CryptoQuant's Darkfost pegs the average holder's break-even at ~$80,500. BTC is oscillating right on it. Doubt lives exactly there.
A weekly close above $82,700 puts buyers back in control and opens 87K-88K (Ted Pillows). Lose $80,500 and doubt wins.
One card left: 11.31M APT (~$9M) unlocks today. Sunday volume is thin, so don't trade blindly.
$BTC weekly close is the trade. Watch the number, not the noise. šÆ
---
$1.22B flowed out of US crypto ETFs in one week (Oct 5-9).
$678.9M in BTC redemptions. $542.2M in ETH. Farside data shows the heaviest combined week of the selloff.
But Bitcoin is holding ~$83K on Sunday morning.
Because the tourists left, and the patient money stayed.
Fidelity's FBTC bought $354.1M of BTC over the last 20 trading days. Morgan Stanley added 92 coins, bringing its total to 10,639 (~$880M). Arkham data.
The loud money sold. The quiet money accumulated. That's the tape.
Now the week gets decided. The average holder's break-even is ~$80,500 (Darkfost, CryptoQuant). BTC is oscillating right on that line. Doubt lives there.
A weekly close above $82,700 means buyers are back in control and opens 87K-88K (Ted Pillows). Lose $80,500 and doubt wins.
One last card: 11.31M APT (~$9M) unlocks today. Sunday volume is thin, so don't trade blindly.
Watch the number, not the noise. šÆ
#Bitcoin #Crypto #Macro