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BREAKING 🚨: Short Sellers lost a reported $80 billion in November
What do you think about it Crypto family?
#BinanceTournament
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One of the best strategy which everyone should consider
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#Bitcoin has a larger market cap than the following companies: • Visa • Tesla • HSBC • Disney • Walmart • Mcdonalds • Mastercard • Bank of China • Morgan Stanley • Bank of America • JPMorgan Chase • American Express • Berkshire Hathaway
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📊 Coinshares: A report on cryptocurrency financial flows. Capital inflow to the crypto industry in 10 weeks = $ 1,760,000,000. Capital inflow to the crypto industry in a week = $ 176,300,000. ▫️ Capital inflow into crypto products related to #BTC = $132,800,000. ▫️ Capital inflow into crypto products related to #ETH = $30,800,000. ▫️ Capital inflow into crypto products related to #SOL = $ 4,300,000 Last week, there was a slight inflow of capital into crypto products related to #XRP and #ADA.
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Bitcoin Urgent update 🛑🚦 Bitcoin is currently showing a bearish divergence on the one-day timeframe, which may concern some investors. However, there's no immediate cause for alarm. The deadline for the Bitcoin Spot ETF is approaching, and this doesn't seem to have sparked a sell-off. The market sentiment remains stable for now. There's a noted #CME gap in Bitcoin's price between $40,350 and $39,400. Historically, 90% of the time these gaps are filled within a week, suggesting a potential move. For those looking to enter a long position in Bitcoin, there are two key levels to consider: 1. If Bitcoin can sweep past $41,113 and then reclaim this level, it could signal a good entry point for a long position. 2. Alternatively, if Bitcoin fails to hold above $41,113, it could drop to fill the CME gap, presenting another potential entry point around $39,800. The $39,800 level is also a strong support area for Bitcoin, reinforced by an order block in the market, which could provide a foundation for price stability and a potential reversal point. What do you think about it guys? #BTC #BTC.ETFs #btcon40k #ORDI.
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