Kyle doops
Daily Bitcoin Update, Cryptocurrency trading ideas, and news that move the market. Join the movement 👇🏼 DM for business enquiry: https://t.me/Teamkyledoops
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Yesterday the Spot #Bitcoin ETF had another positive day of inflows!
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It seems like nobody is prepared for this to play out on $ETH / $BTC besides me BDB and like 4 other people on CT
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Bitcoin-focused Metaplanet sets up a subsidiary in British Virgin Islands
Bitcoin bull Metaplanet has established a new subsidiary, Metaplanet Capital Limited, to enhance its Bitcoin management and expand into new regions. The subsidiary will be focused on managing the Tokyo stock exchange-listed firm’s Bitcoin holdings and strengthening its BTC-only strategy. Additionally, the firm would seek to capitalize on international growth opportunities that would aid Metaplanet’s global expansion.
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🇺🇸 US spot 💰 bitcoin ETFs see $105 million in daily inflows, extending positive streak to 15 days
U.S. spot bitcoin exchange-traded funds recorded their 15th consecutive day of net inflows on Thursday, adding $105.12 million. The 11 ETFs have collectively drawn in over $2.28 billion worth of inflows during the period. The cumulative total net inflows till date stand at $13.96 billion. Fidelity’s FBTC led the inflows with $77 million, according to data from SoSoValue. Bitwise’s BITB recorded net inflows of $14 million, while Ark Invest and 21Shares’ ARKB added $11 million.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, made a good and healthy closing above the support with closing near the 50% of the candle. Weekly candle hodling good sign of this but this week candle closing bearish as the form of retracement. A Possible retest can be happen back to $66,000 before moving up. Plan the trades accordingly with mentioned level.
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$ETH is holding within a narrow range with spikes on news
It resembles accumulation, which should soon end with a sharp breakout to the upside. It makes me happy as a $ETH holder.
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Market Overview
BTC $67,767
ETH $3,796
Fear Index: 73
Altseason Index: 35
Long/Short Ratio: 49/51
Bitcoin Dominance: 54.12%
$NOT is becoming the main FOMO ambassador. The average drop is now estimated at $500-600 per account. I feel like it's going to hype up even more.
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