Cryptoding News & Updates

BlackRock’s ETF just bought about $147.7M worth of Bitcoin. • This marks 3 straight weeks of inflows, showing strong institutional demand. 🚀

Gold and Silver are dropping fast with heavy selling. • Around $900B in value was wiped out in 2 hours, showing strong market pressure.

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Bitcoin is bouncing from a key support level. • Buyers are stepping in here, which is pushing the price back up. 📈

BlackRock’s ETF just bought about $147.7M worth of Bitcoin. • This marks 3 straight weeks of inflows, showing strong institutional demand. 🚀

Bitcoin is currently in the “dead zone” of the Rainbow Chart. • In past cycles, this area has often been a good accumulation zone for long-term buyers.

Bitcoin is trying to break out right now. • But we still need strong candle closes above resistance to confirm the trend is really shifting upward.

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Funding for Bitcoin is negative, while the Coinbase premium is positive. • This shows spot demand is still strong, which could push BTC toward $73K–$74K before a reversal.

Bitcoin is still below the 50-day EMA. • To shift the trend, price needs to break above this level and hold it.

Liquidity for Bitcoin sits around $74K on the upside and $67K on the downside. • Since the market is showing some strength, price could move toward $74K first.

BlackRock just bought $46M worth of Bitcoin. • This shows institutional demand is still active in the market.

Tether just minted $1B worth of new USDT. • When large amounts of stablecoins are created, it usually means more liquidity is entering the crypto market. • This can sometimes support buying pressure, including for Bitcoin and other assets.

This is how the $BTC bottom structure will probably look. After this, the next multi-year uptrend will start.

The monthly RSI of Bitcoin is still above 40. • In past cycles, the real bottom usually came after RSI dropped below 40, so some traders think the bottom may not be in yet.

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Two Prime moved about 3,946 Bitcoin (~$274M) to Ceffu in the past week. • Around $173M was also withdrawn from Ceffu. • Large deposits like this often suggest preparation for selling or big market moves.

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