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$BTC Review
BTC's pullback is nearing its end, and it should be confirmed after the PCE announcement tonight. Currently, it seems that reaching a new high is not a big issue.
- ETF had a net outflow of ~3200BTC yesterday, which is probably the first significant net outflow in nearly a month.
- FTX starts repayments today, ~ $5 billion
- PCE data will be announced at 20:30, with an expected rate of 2.5%
BTC is expected to challenge new highs again (supported by multiple favorable factors such as DJT Bitcoin vault, FTX refunds, etc.).
BTC's pullback is nearing its end, and it should be confirmed after the PCE announcement tonight. Currently, it seems that reaching a new high is not a big issue.
- ETF had a net outflow of ~3200BTC yesterday, which is probably the first significant net outflow in nearly a month.
- FTX starts repayments today, ~ $5 billion
- PCE data will be announced at 20:30, with an expected rate of 2.5%
BTC is expected to challenge new highs again (supported by multiple favorable factors such as DJT Bitcoin vault, FTX refunds, etc.).
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