💰#Bitcoin 1D
The candles on the daily chart show the indecision in the market.
Volatility with many highlights. However, the price refuses to take a clear direction. We will see where the price moves next week.
What is this #zapathon???
🇺🇸 Senator Cynthia Lummis says to "stay tuned" after suggesting the US hold #Bitcoin reserves to strengthen the dollar 👀
“Baby boomers stood firm on bitcoin”: Eric Balchunas
Despite the price drop, investors in bitcoin ETFs showed "diamond hands."
Not bad for 1 day
BTC
$58,248.02
Ξ: 18.17007800
H|L: 58,315.00|56,608.00
1h 0.13% 😏
24h 0.66% 😏
7d 3.21% 😀
Cap: 1st | $1.1T
Vol: $25.0B
Long on HyperLiquid🐂
Background signal for Bitcoin? The German government runs out of BTC to sell
Bitcoin price could be on track to start reaccumulation phase as German government has only a few thousand BTC remaining
Historical data shows:
- Mid-July 2017-18-19-20-21-22: BTC hit Q3 bottom.
- Mid-July 2016-23: BTC went sideways and then crashed in the first days of August.
🐳🤑 "Mr. 100" continues to buy the dip 2,500 Bitcoin purchased
JUST IN: Elon Musk says that “the European Commission offered X an illegal secret deal: if we quietly censored the speech without telling anyone, they wouldn't fine us.
The other platforms accepted the deal.
"X didn't do it."
💰 #Bitcoin dominance reaches a three-year high 📈
💰 #BTC & 💰 #ETH
#Ethereum is trying to cross back above 200 Daily Moving Average👀
#Bitcoin keeps consolidating below the one💁♂️
To confirm the fakeout we need a fixation back above the one📈
📈Bitcoin has remained in a lateralization phase for the last four months. Despite this apparent stability, volatility continues to affect investors, BlackRock notes.
🧐The company warns that bitcoin volatility will likely continue, so it recommends small allocations to BTC to minimize the impact. ㅤ
Unlike BlackRock, Fidelity maintains that bitcoin's volatility is overestimated, showing lower volatility compared to some traditional assets, and considers that the asset is maturing. ㅤ
👉 MicroStrategy announces a 10 to 1 Split for its shares.
🔥 Former US President Donald Trump will speak at the Bitcoin 2024 cryptocurrency conference in Nashville on July 27
The conference is organized by one of the oldest online publications about cryptocurrencies, Bitcoin Magazine. The head of the publication, David Bailey, serves as a consultant for Trump's presidential campaign.
👑 A day before the event, some of the conference speakers received letters informing them of schedule changes due to the appearance of a "special guest."
The former president's speech will last 30 minutes.
✔️ It is clear that the politician aims to attract more voters from the blockchain community.
Institutional bitcoin investors have bought 100,000 BTC in one week
Institutional bitcoin investors are not only buying, they are doing so with more conviction than when BTC was trading near all-time highs
💰 Hong Kong 🇭🇰 #Bitcoin ETF bought a total of 425 BTC this week.
According to HODL15Capital monitoring, Hong Kong Bitcoin ETF has been buying #Bitcoin for 4 consecutive days, and a total of 425 BTC were purchased this week.
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 $BTC.
