#BTC DOMINANCE ANALYSIS
BTC.D is moving in a descending triangle on the daily timeframe. Currently, it is near the trendline resistance. The RSI is in the overbought region and forming a bearish divergence.
A rejection could be a possible scenario from the trendline. A drop in BTC.D while BTC moves sideways or shows a bullish sign would be a strong bullish sign for Alts.
BTC.D is moving in a descending triangle on the daily timeframe. Currently, it is near the trendline resistance. The RSI is in the overbought region and forming a bearish divergence.
A rejection could be a possible scenario from the trendline. A drop in BTC.D while BTC moves sideways or shows a bullish sign would be a strong bullish sign for Alts.
🆕 New Artificial Liquid Intelligence (ALI), Block (BLOCK), Chainlink (LINK), General Event (CRYPTO), Gitcoin (GTC), Maker (MKR), Polygon (MATIC), Solana (SOL), Avalanche (AVAX) event!
From 29 May to 31 May 2024
Consensus by CoinDesk
From 29 May to 31 May 2024
Consensus by CoinDesk
Genesis Cleared by Court to Sell GBTC Shares Worth $1.3 Billion: BBG
👀 BlackRock’s Bitcoin ETF passes 100K $BTC under management
BlackRock has multiplied the iShares Bitcoin Trust’s holdings by more than 3,700% since debuting IBIT in January. 📈
Notably, the ETF has seen combined daily inflows break another record at $631.3 million, indicating robust investor interest in Bitcoin. 📊
BlackRock has multiplied the iShares Bitcoin Trust’s holdings by more than 3,700% since debuting IBIT in January. 📈
Notably, the ETF has seen combined daily inflows break another record at $631.3 million, indicating robust investor interest in Bitcoin. 📊
💥JUST IN: #Bitcoin ETFs have taken in over $2 BILLION of new funds in just the last 4 days.
Yesterday was the biggest day of inflows since launch day, with $631m! 🚀
Yesterday was the biggest day of inflows since launch day, with $631m! 🚀
BTC $27M Mass Short Position Liquidation, Metric to Watch Going Forward 🧐
“If we don't generate upside volatility quickly, similar to those two cases, we could see a week or so of sideways moves followed by a price correction.” – Link
“If we don't generate upside volatility quickly, similar to those two cases, we could see a week or so of sideways moves followed by a price correction.” – Link
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