The panic & bearish sentiment towards #BTC  is extreme right now

But there’s nothing extreme about this -38% retrace

Over the years, BTC has retraced 30-40% many times in Bull Markets

In fact, $BTC retraced -53% this past May

-38% isn’t extreme

#Crypto #Bitcoin 

New ETF filed: VanEck Gold and Bitcoin Strategy ETF — link | sec

#ETH slowly climbed up the level, broke the resistance to the upside turns support now. Price is hodling above it, which is a good sign. We can expect more push in #ETH in coming days if #BTC sustain above the $50,000 mark. Alts will follow #ETH and pump too. Around $4200 is the local Resistance as of now.

$40k - $42k buy orders cluster is the last hope for #BTC bulls. Below that we got nothing until $30k level.

Weekend was silent, #BTC daily volume on Binance dropped below $1B just like two weeks ago before the dump.

Bulls are hopeless until $46k level isn't reclaimed

Price is pumping while funding is turning really negative.

Decent resistance above, if #BTC wants to continue the upside, it should pump back above $39500 this week. Otherwise this will become a strong horizontal resistance.

#BTC weekly shooting star has been formed! Still, the price pumps hard!

Locally the chart looks pretty bullish, however on the bigger picture it looks like the price is being pulled up to the resistance level. If #BTC reverses here and loses daily support, dump will be huge.

Bitfinex whale is buying #BTC hard at this level

⁠#BTC rebounds over $41K after painting a 'bullish hammer' — Can BTC hit $64K next?

Yes, if the signs of bottoming out coming from the U.S. stock market are true. — link

38% of all #bitcoin has not moved in over 3 years, a new record. People are stacking #Bitcoin for long-term and keep hodling, as they know the future is #Bitcoin 📈. You should also keep #BTC in your portfolio and hodl for long-term.

Kucoin FUD affected the market quite badly. #BTC has lost both ascending and horizontal support levels.

Bitcoin is NOT bullish until it once again reclaims $22560 level and closes the weekly candle above WMA200. Best decision is to cut loss and rebuy in case of the reclaim.

McDonald's started to
accept Bitcoin (#BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland.

#BTC BULL RUN STARTS.

Historic breakout.

A dormant address containing 1,037 #BTC  (31,080,234 USD) has just been activated after 11.3 years!

@Cointelegraph posted The SEC approved the ishares #Bitcoin  spot ETF, then amended it to reportedly, and eventually deleted the tweet, causing a big #BTC  push that peaked $30,700, liquidated roughly $65 million, and then dropped back to $28,000.
They should be charged with disseminating false information that resulted in millions of dollars in losses.
#Cointelegraph

In the past 1 hour, nearly $500M was liquidated (95% were long orders). The reason is FUD about the SEC rejecting BTC ETF applications in January.

However, it has not yet broken the 40K hard support, the price has now retreated quite strongly. #BTC  #BitcoinETF

#BTC was rejected at $72k and dropped by just 4%. Altcoins saw a massive capitulation of 10-15%.

So far, BTC has failed 4 times to break above $72k. The 5th attempt will break it and run towards $77k - $82k.

Overall, #Bitcoin is Bullish 🚀 as long as there is no daily candle closing below $66.6k.

In June 2019, #ALT / #BTC  pairs capitulated to the range lows just before the Fed cut interest rates.

We find ourselves at a similar spot in June 2024.

Binance liquidated 3.5k #BTC of longs in 4 minutes

#USDT dominance hitting its long-term trend line on March 14th, 2024, which was the local top for #BTC.

We all have a way of convincing ourselves that this time is different, but USDT dominance has been putting in higher lows ever since.

This trend line needs to break before any real future rally can begin.