Key points
Bitcoin has recently experienced price fluctuations, with a slight decline; however, key events indicate ongoing interest from institutional investors. Let's delve into it.
1. Macroeconomics: The reduction of the Federal Reserve's interest rates and the purchase of government bonds are aimed at increasing liquidity.
2. Institutional interest: Corporate interest is growing, and new financial products for BTC are emerging.
3. Technical analysis and liquidity: Bearish signals and a decline in the inflow of stablecoins continue.
Key points
1. Macroeconomic situation: The third rate cut by the US Federal Reserve in 2025 to 3.75% and plans to purchase treasury bills worth $40 billion may increase liquidity in the market, which is favorable for risk assets like BTC.
2. Institutional acceptance: Corporate interest in BTC remains high, Strive plans to raise $500 million to buy more bitcoins. American Bitcoin also added 416 BTC, while the new ETF aims to generate income from overnight trading.
3. Regulatory clarity: The CFTC Chairman confirmed the possibility of using Bitcoin as collateral in the derivatives market, indicating a more favorable regulatory environment for institutional investors.
Risks
1. Declining liquidity: The weakness of Bitcoin's price is associated with a significant (50%) drop in the inflow of stablecoins to exchanges, indicating a decrease in market demand and ongoing selling pressure.
2. Bearish technical signals: The MACD histogram is negative and declining, while RSI values are at a low level (below 30 for RSI6). Price movement is below the Bollinger middle line, and EMA lines show a bearish crossover, indicating a downward momentum.
Community sentiments
1. Mixed sentiments: Discussions in the community show a division of opinions; some perceive the recent rate cut as a 'sell the news' event leading to a price drop, while others expect a recovery after a healthy retest of support levels.
