Bitcoin ETFs recorded another 7,440 $BTC in net outflows, with BlackRock appearing to account for most of the selling.
What's notable is that the pace of selling picked up throughout last week. If this is part of a broader strategy, there's no clear reason to expect it to stop immediately.
Despite that, $BTC price continues to hold firm instead of breaking lower.
That's the key signal to watch.
On the lower timeframes, momentum is gradually improving, and a bullish moving average crossover ...
Multiple assets are starting to move, including AAVE. It's had a strong week and, more importantly, has reclaimed a key prior support level as support once again. It's only a matter of time before it breaks above the 21-week MA, and I'd expect further upside in the coming weeks, a bullish signal for the broader market.
We're seeing significant developments in the crypto space, with EU lawmakers urging assessments of DeFi, staking, and NFT regulation ๐.
We're focusing on key headlines, including Securitize's expected $400M raise ahead of its public debut. Our community is also tracking SOL's reclaim of the $72 mark, despite onchain data flagging weakening momentum.
We're summarizing the day's events, including US senators urging a CFTC probe into Polymarket over 'deceptive marketing' ๐จ, and we're highlighti...
$BTC Bitcoin Trade Signal โ Bullish ๐ข๐ฅ
BTC at $60,400 is trading just above the major $60K support zone, where buyers are actively defending the market. This area could become the base for a short-term recovery rally ๐๐
๐น Entry Zone: $60,200 โ $60,500
๐ฏ Target 1: $61,800
๐ฏ Target 2: $63,500
๐ฏ Target 3: $66,000
๐ Stop Loss: $59,000
$BTC
{future}(BTCUSDT)
๐ Support Levels
$60,000
$59,000
$57,500
๐ Resistance Levels
$61,800
$63,500
$66,000
๐ข Bullish signals: โข BTC is holding...