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kvdb
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The 🚀📈
#BNB
chart speaks for itself.
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BNB
598.66
-0.27%
704
0
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🔎 #BTC cycle pullbacks (weekly): -22.56%, -20.23%, -21.5%, -23.44%, -25.58%, -29.19%, -17.72% 📊 Stats: • Median: -21.5% • Average: -22.89% • Current: -21.07% 📍 A pullback in line with the median/average would place BTC around $85K-$86K. If we match the largest drawdown (-29.19%), that would bring us to $77.5K. 👀
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BTC is just 5.5% away from its ATH, and here’s the funding heatmap. Absolutely wild. 🚀
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In the last 5 days, the ETF has scooped up 32,420 BTC, worth approximately $2.1 billion. ⏳Tik-tak, clock’s ticking... #BTC☀ ETF Inflows going strong
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OI is at my key orange line, where big moves (flushes) tend to happen. ⚠️ Stay alert! Which direction are you taking? 👀 #BTC☀ #Volatility
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Strong ETF inflows 📈 over the past two days (Friday & Monday) saw 13,060 BTC scooped up. Let’s compare that to Bitcoin’s issuance since the last halving: • Daily: ~450 BTC • Weekly: ~3,150 BTC • Monthly: ~13,950 BTC • Quarterly: ~41,850 BTC • Yearly: ~164,250 BTC Who says ETF demand doesn’t impact BTC dynamics? For reference: A total of 332,320 BTC has been bought since the ETF launch in late January 2024!
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