CryptoQuant CEO: BTC Achieves $467 Billion Market Cap Increase in Two Years
CryptoQuant CEO Ki Young Ju mentioned that over the past two years, BTC has achieved a market cap increase of $467 billion, yet the BTC price has dropped by 1%. According to NS3, Ki Young Ju stated that the Bitcoin buying strategy might be absorbing market liquidity instead of pushing prices up$BTC $BTC $BTC
Wintermute suggests that Bitcoin could dip below the current trading range, with $59,000 being a critical support level. According to NS3, the agency attributes the risk factors to the Federal Reserve's hawkish stance, the Iran conflict, and tightening liquidity.
I just started a new short on AVAX with lower conviction this time, but I agree to take on some risk. SL is at 6.51 Let's see where this goes $AVAX $BTC $MUB $SPCXB #DeXeJumps70%In24h #NasdaqDrops2.2% #EthereumFoundationToCutBudget40% #MicronHitsRecordHigh SpaceXLosesOver$600BInThreeDays#BinanceMarginToListXLMTradingPairs
I just started a new short on AVAX with lower conviction this time, but I agree to take on some risk. SL is at 6.51 Let's see where this goes $AVAX $BTC $MUB $SPCXB #DeXeJumps70%In24h #NasdaqDrops2.2% #EthereumFoundationToCutBudget40% #MicronHitsRecordHigh SpaceXLosesOver$600BInThreeDays#BinanceMarginToListXLMTradingPairs
I just started a new short on AVAX with lower conviction this time, but I agree to take on some risk. SL is at 6.51 Let's see where this goes $AVAX #AVAX
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