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Bullish
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$BTC
has broken down from the symmetrical triangle. A close or retest below confirms the bearish move, while a close back inside may revive bullish momentum.
#BitcoinAnalysis
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Major ETFs Activity – June 17 Recap! 📰 Approximately $216.5 million in $BTC and $11.1 million in $ETH were bought. Despite market uncertainty, strategic capital continues to flow into leading digital assets. Momentum is quietly accelerating behind the scenes! 👀 #ETFs
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BlackRock Buys the Dip! 5,990 Bitcoin's Acquired on June 17 📰 While retail investor's sold, BlackRock’s spot Bitcoin ETF added 5,990 $BTC in a single day. A clear signal of institutional conviction in the middle of market uncertainty. When giants move, the market listens! 🫶 #BlackRock
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Public Companies Are Going All In on Bitcoin! 📰 The number of publicly traded companies holding $BTC on their balance sheets has surged 135% year-to-date! From a fringe asset to a corporate treasury favorite Bitcoin is becoming the go-to store of value for institutions. Bitcoin isn’t just for crypto natives anymore, it’s becoming Wall Street’s hedge too. The corporate accumulation wave is real! 📈 #bitcoin #CryptoNews
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Why Is Bitcoin Down Today! 🤔 I was curious too, so I asked @CoinMarketCap new feature CMC AI and the answer blew me away! Super insightful breakdown 👇 Bitcoin dropped 2.5% in the past 24h, now trading around $104,409. According to CMC AI, the drop boils down to three key factors: 1️⃣ Geopolitical Tensions – Ongoing concerns around the Israel-Iran conflict and unresolved US-China tariff disputes are fueling market uncertainty. 2️⃣ Technical Weakness – $BTC broke below a key $106.9K pivot, with bearish MACD divergence signaling momentum loss. 3️⃣ Derivatives Liquidations – Over $1B in liquidations hit the market as Bitcoin tested the $105K support, triggering a cascade of forced selling. I was genuinely impressed by how sharp CMC AI’s response was it gives a market overview in seconds. Wanna see what it says about the next move? You can ask too CMC AI 😉 Full Details Here: https://coinmarketcap.com/events/cmc-ai/?utm_source=social&utm_medium=kol&utm_term=cmc-ai-launch #CMCAI #bitcoin
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Big Moves in ETFs Land – June 16, Recap! 📰 On June 16 alone, institutions scooped up: 🔸 $408.6M in $BTC 🔹 $21.4M in $ETH That’s not just interest, it’s conviction. While the market watches, the big players are stacking! 👀📈 #ETFs
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