📈 Bitcoin price jumped to $98,120 (+5% overnight), but trading volumes are down 10%. Meanwhile, funding rates remain low and total open interest in futures is up 1.3% - the market is preparing to move, but where to?
💸 Outflows from BTC ETFs have slowed but are still significant, and strong resistance at $100K remains unbroken. The nearest support is far away - at $93K. Interestingly, top wallets are refraining from activity on this correction so far.
_____________________
📊 Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas!
Always DYOR! 🔬
💸 Outflows from BTC ETFs have slowed but are still significant, and strong resistance at $100K remains unbroken. The nearest support is far away - at $93K. Interestingly, top wallets are refraining from activity on this correction so far.
_____________________
📊 Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas!
Always DYOR! 🔬
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.