- 10x Newsletter
- Posts
- Bitcoin’s next 15,000-point move will be decided THIS WEEK
Bitcoin’s next 15,000-point move will be decided THIS WEEK
Institutional Crypto Research Written by Experts
Oh Sh*t You’re a Grown Up
Life comes at you fast. Suddenly you’re being quizzed on things like 529 plans and backdoor Roth IRAs. It’s time to step up and be responsible with your money and financial goals. But unlike 2 AM feeds - you don’t have to be in this alone.
Advisor.com lets you compare expert financial advisors and select a vetted fiduciary to handle your investing. They evaluate credentials, client reviews, and an advisor’s overall experience to make sure you are in good hands.
Bitcoin’s next 15,000-point move will be decided THIS WEEK.
👇1-10) There are enough reasons to be bearish. Bitcoin ETF flows have turned negative for five consecutive days. Altcoin and meme coin volumes have collapsed, notably in Korea, where altcoin volumes have sharply declined from $16bn to $3bn. We noticed this two weeks ago, and this signaled that the upside momentum was losing steam, translating into lower funding rates for Bitcoin, and a correction was likely.
👇2-10) But there are also plenty of bullish arguments, notably central banks turning dovish, the halving and potentially reversing ETF flows as the marginal rate of change indicates, and a still bullish risk-assets environment.
This week will be critical, and we expect the next 15,000-point move to be….
QuickNode sponsors today’s report.
QuickAlerts revolutionizes the way traders and developers interact with blockchain data. Offering real-time alerts for on-chain events provides the tools to make informed DeFi trading decisions, integrate blockchain event-driven logic into workflows, and enhance app functionalities with up-to-the-minute data.
Subscribe to Premium Membership to read the rest.
Become a paying subscriber of Premium Membership to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In