Bitcoin Update Today

 🚨MARKET MOVEMENT🚨


GBTC (Grayscale Bitcoin Trust) daily volume has exploded to a new 8 month high, surpassing $400m in BTC traded in a period of 24 hours, which is higher than any volume recorded on any other selling or buying even in the last months. Discount has also narrowed to around -27% which is a hidden indicator we’re looking at closely.


How will this affect the market and price action?


This increase in volume is mostly due to institutional buying, which has created the wave we’ve seen over the last couple of days. This will likely continue for at least a couple of weeks, pushing BTC towards $30,000 and ETH easily above $2,000, which sending alts to new mid term highs.

--------------------

We told you first,

Fed. Russian Insiders®


Comments

Post a Comment

Popular posts from this blog

BTC Market Movement on 19 jun 2022

Image
 🚨MARKET MOVEMENT🚨 We keep seeing a huge influx of BTC holdings being transferred fro cold storage into exchanges, a rate that has increased drastically after breaking below $20,000. This could wither be a move to scare off retail (orchestrated by whales) or a legit massive selloff about to start. Good thing we know what to expect… How will this affect price action in the nest 5-10 days? We will likely see an increase in selling pressure (mainly from panic retail traders) before a potential high volume bounce towards at least $24,000. Whales are generally careful about raising flags when they are planning big selloffs, which is the biggest indicator this is likely a move to scare off small players from the market.  -------------------- We told you first, Fed. Russian Insiders®
Read more

BTC Good News Analysis Update Synday 29 May 23

 Good News ; VIP ACTION PLAN Expecting that relief rally to start before our weekly close tomorrow, which should be enough for BTC to touch at least $32,000 and alts to see moves of between 20% and 40%. We’re ready for this and we’ll be updating orders for the move. From Moday BTC can touch 32000 As always, stay safe brothers! -------------------- Yours truly, Telegram; @MohidAdmin
Read more

BTC Update and Sentiment analysis 30 May 2022

Image
 05/30/2022 - 11:28:00 (UTC) ⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼ Market Analysis BTC Update and Analysis May 30, 2021 ⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀ 🐠TECHNICAL (4H) Our #28,730 key long term support level has held price action perfectly, just as we told you it would, and it has sent BTC towards a short term high above #30,500 which is held, could send us even higher in the next couple of weeks. We still need mid term confirmation for it, and we'll be updating on expected moves. 🐠SENTIMENT Lower time frame sentiment has exploded over the last 24 hours, reaching new multi week bullish highs and showing a high probability of continuation if the bulls manage to hold on to their current momentum. Mid term momentum remains relatively neutral, however, it will likely increase if price action remains bullish. We're expecting our current Blue Whale picks to reach higher levels and targets in the next couple of days if our bullish momentum remains strong, and we're also watching a couple of very high potential and l...
Read more