VALIDATORS GROUP

Bitcoin bounced from the support area but was unable to keep the upward momentum. Price is now slowly going towards the support area and we may see a bounce from there. Today is FOMC meeting and we are expecting high volatility in the market.

Bitcoin ETF products experienced inflows for the first time in five weeks, amounting to $130 million. The majority of these inflows, totaling $135 million, were observed in the US region. Additionally, Grayscale, a key player in the market, witnessed its lowest weekly outflows since January.

Bitcoin is going sideways as said. We may see some volume pump today when US markets open. Nothing has changed in the market as long as the price is holding the $60,000 support level.

ETH is once again testing the support area, demonstrating resilience as it holds firm. Accumulation appears to be underway, hinting at potential upward momentum. A bounce from the support area towards the resistance line could be on the horizon.

The TOTAL crypto marketcap is currently in a downtrend channel on lower timeframes and may test the major support area before the next leg up. There is plenty of liquidity around this support area. Major Support Area: $2 Trillion

Bitcoin is holding the $60,000 level and bounced from there. The volume is dropping because of the weekend and we see some action on Monday.

BTC miners are experiencing a notable decline in revenues after halving. This means the selling pressure is decreased.

🇨🇦 Canada's first Lightning-enabled BTC ATM installed in Vancouver! Join 👉🏼 Telegy | Crypto

Bitcoin experienced a significant drop in value, but it managed to hold the $60,000 level, which is a good sign. We may witness some sideways movement in the market for now before a big move occurs. The price has been trading within a range for a long period, and a big wave may be coming soon.