$BTC performs a high-wire act worth a million dollars! BlackRock's fake support plate collides with Mt. Gox's true nuclear bomb!
A deep V rebound is the anesthetic for institutions, while a low-volume sideways market is the mortuary for retail investors—once the drug effect wears off, it's time to collect the bodies!
1. Latest technical aspects!
1. Volume corpse: 2980 hands of transaction volume equal to 24.8 BTC per minute, liquidity exhausted like a desert.
2. Moving averages: MA5 and MA10 form a death cross, like two chainsaws resting on the neck of the bulls.
3. MACD grave golden cross: DIF is virtually hugging DEA, with a red column height of 92.6, only 28% of yesterday's green column.
2. Latest news aspects!
1. On-chain nuclear deterrent: Mt. Gox's cold wallet releases 18,000 BTC from dormancy, Coinbase OTC backlog of 39,000 coins.
2. Federal Reserve declares 'no rate cuts this year' + Hong Kong Bitcoin ETF suspends subscription.
3. Mt. Gox repayment window opens this week, 18,000 Bitcoins are enough to breach the 100,000 mark!
4. BlackRock ETF address seizes the opportunity to sell 600 BTC, hidden behind the market rescue mask is a knife for cutting losses!
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