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#Bitcoin to reclaim green box in short term
https://www.tradingview.com/x/Mb56zTM7/
➤ Fed projections imply 50bps of additional rate cuts in 2024 from the current level
➤ Another 100 bps of rate cuts are expected in 2025
➤ An additional 50 bps of rate cuts are projected in 2026
March, April, July, and August each saw record-breaking BTC trade volumes compared to previous years
Читать полностью…Digital asset investment products saw a reversal, with inflows reaching $436m after a period of outflows amounting to $1.2bn.
Bitcoin was the primary focus, seeing $436m of inflows having seen a 10-day run of outflows totalling $1.18bn.
BTCUSD Update
- Price action is bored
- Volume has stabilized
- Respecting the channel but it look moving towards support line
49k/50k is still a key level/support to hold. I'm expecting this boring market will be ended before mid October.
https://www.tradingview.com/x/SSR7SGz1/
Telegram CEO Pavel Durov released from French custody and will appear in court
https://www.theblock.co/post/313544/telegram-ceo-pavel-durov-released-from-french-custody-and-will-appear-in-court-report
$DOGS is trading on Binance now!
https://www.binance.com/en/trade/DOGS_USDT?type=spot
$XAI breakout and retest confirmed. Nex leg up is expected!
https://www.tradingview.com/x/q0UjBMHf/
$TIA is going to $7 and you can do nothing to stop it!
https://www.tradingview.com/x/QsbTA9gj/
I'm considering SEI has bottomed on the large time frame.
https://www.tradingview.com/x/jyzFG8s3/
The 30-day correlation between BTC and the S&P 500 has surged to levels not seen since Oct 2022.
This regime may last until the Sep 18 FOMC, as traders remain conservative upon the rate cut confirmation.
#Bitcoin price bounced off support line as expected
https://www.tradingview.com/x/PBhNWANg/
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions.
The negative sentiment was focussed on Bitcoin, seeing $319m in outflows.
#Bitcoin is forming a giant "Descending Channel" Which you suggest it a bearish or bullish pattern?
https://www.tradingview.com/x/boEURnmi/
Bitcoin Dominance has surged from 38% in Nov 2022 to a notable 56% today. Meanwhile, Ethereum, the second-largest asset, saw its dominance decline by 1.5%, remaining relatively stable over the past two years.
In contrast, Stablecoins and the broader Altcoin sector experienced more significant declines of 9.9% and 5.9%, respectively.
🟠Bitcoin Dominance: 38.7% (Nov 2022) —> 56.2% (Current)
🔵Ethereum Dominance 16.8% —> 15.2%
🟢Stablecoin Dominance 17.3% —> 7.4%
🟣Altcoin Dominance 27.2% —> 21.3%