What is really good for me is that alts are getting weaker, and when alts get weak indicates that investors are taking their money out from alts into BTC, and that's great
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Don't think so..
US spot BTC ETF's saw 581 mill in weekly outflows
Most of FOMC speakers are saying the rate cut is in september
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That's why the market is still fluctuating with no real rise or fall
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BTC 1 week technical analysis:
This chart above shows obviously that this market bleed ain't dip at all
We are still up high, in a tight corridor between ~60K and ~70K (designated in orange circle)
If price transcends 70K region and remains up for couple days then bulls will take over and BTC rocket will start it's engines for launch till ~80K
But if price breaks ~60K downwards then we the market will dip till ~50K region
If US inflation is down then we will see BTC price @80K
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Most FOMC are saying September will reveal rate cuts
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Don't forget guys Gerome Paul has a lot to say in the upcoming weeks
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I need USDT face to face in Ningrahar Afghanistan
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Hi. I have a file with passwords to old wallets that contain a lot of btc, if interested, write to me in telegram
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