LOW PRICE IS NOT A CATALYST FOR A SUSTAINED RALLY
જ⁀➴
The market is in a perfect storm, and a low price won't save the day. Bitcoin is at $69,000, Nvidia is down 4.3 percent, and the fear and greed index is at 20.
The bleeding has a name and a surname. CPI came in at 0.4 percent, and the chance of an interest rate hike in December jumped to 85 to 90 percent. Bitcoin ETFs recorded five straight days of outflows, totaling $1.44 billion. And the stablecoin supply shrank by $14.2 billion in 30 days, its worst drop since 2022.
What really matters now? Three things. Lower inflation, money flowing back into ETFs, and stablecoin liquidity returning. Without that, any rally will be short-lived.
The technical battleground is clear. BTC needs to reclaim $73,000 to signal strength. If it loses $68,000, the hole gets much deeper. Which of these catalysts do you consider the most reliable?
$AKE #AKE
$BARD #Bard
$DODOX #DODOX
#WhatWillDriveCryptoandStocks’NextRebound?
Follow the page and turn on notifications. Don't be late. Whatever the next update is, I'll post it here first.
જ⁀➴
The market is in a perfect storm, and a low price won't save the day. Bitcoin is at $69,000, Nvidia is down 4.3 percent, and the fear and greed index is at 20.
The bleeding has a name and a surname. CPI came in at 0.4 percent, and the chance of an interest rate hike in December jumped to 85 to 90 percent. Bitcoin ETFs recorded five straight days of outflows, totaling $1.44 billion. And the stablecoin supply shrank by $14.2 billion in 30 days, its worst drop since 2022.
What really matters now? Three things. Lower inflation, money flowing back into ETFs, and stablecoin liquidity returning. Without that, any rally will be short-lived.
The technical battleground is clear. BTC needs to reclaim $73,000 to signal strength. If it loses $68,000, the hole gets much deeper. Which of these catalysts do you consider the most reliable?
$AKE #AKE
$BARD #Bard
$DODOX #DODOX
#WhatWillDriveCryptoandStocks’NextRebound?
Follow the page and turn on notifications. Don't be late. Whatever the next update is, I'll post it here first.
