$BTC today‼️ The 200MA moving average continues its upward m | fear_greed on Binance Square

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$BTC today‼️The 200MA moving average continues its upward movement, demonstrating a positive mood of traders in the short term. Let's try to trade the trading idea indicated in the Bitcoin price snapshot today.
Bearish target $116,800 - test of the 200MA moving average.
Bullish target - $120,850.
Profit to all💰💪

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-0.56%

77

0

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Today's News‼️ ⭕️ Fear/Greed Index: 62 - neutral; ⭕️ Altcoin Season Index: 43; 🔴 Bitcoin ETF Total net flow: $230.55 million; 🔴 Ethereum ETF net flow: $639.74 million; 🔴 40,204 BTC options expire with a put-call ratio of 0.9, a maximum pain point of $117,000, and a notional value of $4.752 billion. 287,405 ETH options expire with a put-call ratio of 1.02, a maximum pain point of $4,000, and a notional value of $1.311 billion; 🔴 US Treasury Secretary Bessent says US is still exploring ways to acquire BTC to expand strategic reserve; 🔴 Jeffs'Brands launches crypto asset management plan, allocates $75 million; 🔴 Coinbase says it has completed the purchase of crypto options exchange Deribit; 🔴 SEC Continues to Delay Spot SOL ETF Applications; 🔴 BNB Network Company Adds 88,888 More BNB Tokens to Balance Sheet; 🔴 Sentiment Index Jumps to 0.91, Altcoin and Ethereum Searches Hit Multi-Year Highs, May Suggest Buying Interest Is Running Out - Analytics Bitwise; 🔴 Coinbase to Perform Maintenance on August 19; 🔴 Lido's #Ethereum Staking Market Share Falls to 24.4%, Hitting All-Time Low.

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$BTC today‼️ A planned attack - a witch hunt to liquidate long positions, or what I call similar price declines - spoofing. The 200MA moving average was tested successfully, I talked about the risk of correction on prominflation data and my subscribers knew about it. After reaching the bullish target, a sharp price surge should have been followed by a cooling, which is what we saw. I expect a flat in the Bitcoin price, accumulation and probably the last surge towards growth before a deeper correction in September. The bullish target is $119,800. Profit to all💰💪

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Today's News‼️ ⭕️ Fear/Greed Index: 72 - greed; ⭕️ Altcoin Season Index: 41; 🔴 Net inflow into Ethereum ETF: $704.32 million; 🔴 Net inflow into Bitcoin ETF: $86.9 million; 🔴 Bitcoin's market cap surpasses Google, taking fifth place among global assets by market cap; 🔴 Swedish H100 Group bought another 45.8 BTC on its balance sheet; 🔴 The number of wallets with a balance of 100+ BTC has broken the record; 🔴 Papua New Guinea is exploring the possibility of creating a strategic BTC reserve; 🔴 LIXTE Biotechnology plans to invest 25% of its treasury in bitcoin and other cryptocurrencies; 🔴 Grayscale registered the Hedera (HBAR) trust in Delaware; 🔴 BTCS Inc, which constantly buys ETH on its balance sheet, now also bought an NFT Pudgy Penguins "for diversification"; 🔴 MetaMask will announce the launch of the mUSD stablecoin this week; 🔴 Over the past 24 hours, a significant withdrawal of LINK tokens from exchanges has been recorded — Santiment data is historically bullish; 🔴 Public company GameSquare plans to purchase Animecoin ($ANIME) for $2.5 million within a year; 🔴 US Treasury Secretary Besent: Fed may cut rates by 50 basis points in September.

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$BTC now‼️ Bitcoin price reached our bullish target at $120,850, profit was 30% with 10x leverage (our standard leverage). The 200MA moving average showed an upward movement today, which I told you about a few hours ago, thereby emphasizing the mood of most market participants. The growth of Bitcoin price is a driver for the growth of Ethereum price, in turn, Ethereum sucks all the liquidity from altcoins. Everyone is bringing money to Ethereum. Later we will receive data on ETF and I will publish it in a traditional news publication. Also worth noting is the purchases in the last 24 hours of Ethereum volatility, strike at $5000. This means that the price should not linger at the indicated price value. Profit to all💰💪

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Today's News‼️ ⭕️ Fear/Greed Index: 65 - greed; ⭕️ Altcoin Season Index: 37; 🔴 Total Bitcoin ETF Net Inflow: $66.32M (No Corporate Ethereum Purchase News); 🔴 Net Ethereum ETF Inflow: $523.43M (Increased Corporate Ethereum Purchase News); 🔴 The Block: CME ETH Futures Trading Volume Reaches Record $118B in July as Market Craze Renews; 🔴 SharpLink Gaming Bought Another 5,226 ETH on Balance Sheet; 🔴 HashGlobal Predicts BNB to Hit $2,039; 🔴 BitMine Plans to Increase Funding to $20B to Buy ETH on Balance Sheet; 🔴 Santiment Notes Most Retail Investors Don't Believe in Further ETH Growth and Are Actively Selling. Whales, on the Contrary, Are Now Continue Buying; 🔴 Vietnam to Launch National Crypto Exchange Pilot; 🔴 Grayscale Launches DEEP and WAL Token Funds; 🔴 Arthur Hayes became an advisor to Upexi, which constantly buys SOL for its balance; 🔴 Coinbase Ventures also began accumulating TON.

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