Reynold Christian
Open Trade
Occasional Trader
3.5 Years
15 Following
20 Followers
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Bitcoin's realized price has broken above $45,000, indicating a strong bull run. This is a sign that more investors are buying at higher prices, showing high conviction in the asset. The realized price is an important metric, and its continued appreciation suggests a positive market cycle. Institutional investors are driving the trend, using spot ETFs to accumulate large amounts of Bitcoin. The market outlook remains constructive, with both price and realized price moving in a positive direction
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‼️Bitcoin open interest remains high ahead of FOMC, breaking historical trend. ‼️
Bitcoin open interest remains high ahead of FOMC, breaking historical trend.
Typically, traders reduce leverage before FOMC meetings, but this time, open interest has not decreased, despite a $12B shakeout earlier this month.
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$BTC
Bitcoin open interest remains high ahead of FOMC, breaking historical trend.
Typically, traders reduce leverage before FOMC meetings, but this time, open interest has not decreased, despite a $12B shakeout earlier this month.
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