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BREAKING: 🇺🇸 Blackrock has deposited $202.77 million worth of
Bitcoin
into Coinbase today.
#BTC
$BTC
BTC
92,271.65
-0.73%
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Will Bitcoin Pump or Dump after the today’s FOMC rate cut ? The last four times the Fed cut rates by 25 bps, Bitcoin saw a 5–10% dump in the days after. But this time the setup is different. Positives - QT has finally ended after 3 years. If Powell even hints at QE in today’s speech, it could be very bullish. - This is the 3rd rate cut, which means more liquidity can start flowing back into the market. That usually helps risk assets like Bitcoin pump. Negatives - MSCI’s decision on January 15 is important. If they remove MSTR from their global index, Bitcoin can dump hard. - Japan’s rate decision is on December 19. They’re likely to hike by 25 bps, and historically when Japan hikes, Bitcoin often sees a big dump. $BTC #BTC
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THE LAST 3 BITCOIN BOTTOMS LOOKED IDENTICAL. RSI bottomed DSS flipped bullish Then came the pump: +174%, +85%, +48% The signal just returned. RSI is back at March 2020 levels. Those who saw it then… see it now. #BTC $BTC
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Could it be that $BTC goes back to $100k soon? An ascending triangle is shaping up, with $93.8k acting as resistance and we're making higher lows consistently. If we break above this resistance, $100k in back on the table. All we do now is pray #BTC
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BREAKING: 🇺🇸 Fidelity and Grayscale have bought $250.1 million worth of Bitcoin. Whales are loading up! #BTC $BTC
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Wall Street Pours $500M Into Ripple as Investors Bet on XRP’s Massive Treasury - What Does That Mean
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