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Cas Abbé
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We got the much needed correction - now I’m loading up my bags again
$SUI
looks good here to long imho
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Cas Abbé
@Cas_Abb
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$ETH dropping to take that liquidity and not expecting big moves over the weekend Will be sharing new plays this Monday
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$BTC is forming a bullish penant here. It bounced back nicely from support level, which is a good sign. Despite $1B long position closing and low liquidity volume, bears didn't take BTC down. I think the next week will be good for BTC. I can smell a new ATH again.
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Bitcoin Liquidation Update 🚨 If BTC pumps 10% from here, $2.3B in shorts will get liquidated. If BTC dumps 10% from here, $2.6B in longs will get liquidated. Both the long and short sides are looking balanced, which means tomorrow market open will be crucial. I expect that ETFs buying will continue which will send BTC to a new ATH.
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Bitcoin recently hit a new ATH. But, there is no euphoria in the timeline. Media coverage is way too less compared to previous ATHs. This is actually a good thing and shows that there is much more room for growth. Also, BTC retail activity is at ATL, as most retailers are invested in alts. I think BTC could go around $120K-$125K, and then the alts rally will happen. After that, market euphoria will hit in 1-2 weeks which will mark the local top.
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Bitcoin ETFs recorded its 3rd highest weekly inflow ever. Nearly 25,500 BTC worth $2.75B were bought, and BlackRock alone bought 90% of it. This is the reason BTC hit a new ATH, and still trading above $107K. I'm still not worried about BTC because of a few reasons 👇 - BlackRock is still buying, and they know everything. - BTC correction after 50% move is needed to cool off the markets - Market is still in an uptrend, and will remain like that till July.
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Senaste nytt
Monochrome Bitcoin ETF Approaches $100 Million in Holdings
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Bitcoin Short Position by Whale Trader Reaches $488 Million
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FlowX Finance Resumes Services After Security Incident
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U.S. Bitcoin Spot ETF Sees Record Inflows
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Ethereum(ETH) Surpasses 2,500 USDT with a Narrowed 2.09% Decrease in 24 Hours
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