BITCOIN INTRADAY CHART
BITCOIN BOUNCING OFF THE SUPPORT WITH A GOOD VOLUME.
THE RESISTANCE STANDS AT THE MA200
BREAKING ABOVE IT (MA200) WILL STRENGTHEN THE BULL TO PUSH THE PRICE FOR A BREAKOUT ABOVE THE MAIN RESISTANCE.
THE FUNDING RATE IS SIGNIFICANTLY NEGATIVE MEANING THAT SHORT SQUEEZE MIGHT BE AT HORIZON.
THE ETFS INFLOWS CONTINUE POSITIVELY
MACRO DIGGING UPDATE
🔹THE MAJORITY OF TRADERS ARE VIEWING THE IRAN AND ISRAEL TENSION AS DOWNSIDE TO THE MARKET BUT FEW METRICS ARE SAYING OTHERWISE LIKE OIL, GOLD, AND A FEW DEFENSE STOCKS LIKE LMT
🔹US REGULATORS PLAN TO EASE CAPITAL RULE WHICH WOULD FREE UP BALANCE SHEET CAPACITY DURING TREASURY MARKET VOLATILITY. IF THIS WENT THROUGH, IT WILL BE A DOWNSIDE FOR YIELD THAT WILL LESSEN THE FINANCIAL RESTRICTIVENESS.