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Tommy Nguye
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On May 17th, U.S. spot Bitcoin ETFs saw +$221.4m net inflows
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
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Tommy Nguye
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#btc70 #BITCOIN on Weekly TF, I think btc made a good and healthy closing above the support with closing near the 50% of the candle. Weekly candle hodling good sign of this but this week candle closing bearish as the form of retracement. A Possible retest can be happen back to $66,000 before moving up. Plan the trades accordingly with mentioned level. I suggest a new coin for next week, the money can flow into newly coin... for waiting brc bullrich
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#BTC100Ksoon #BTC☀ Currently, BTC's strong resistance is at $72k. The price has hit the $72k level 3-4 times since March 2024. Trading volume on Binance is gradually decreasing. The April candle was disappointing, but the May candle is "soothing" hotheads (at times, the May candle's price reached the April candle's closing price). If the May candle maintains around this price level, it will create a springboard for price increases in the following months, promising an altcoin season for everyone to recover their investments.
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It's my plan, what do you think of this ... If BTC can go higher, It should break 73k within below 5 days. If BTC keeps ranging at this zone more than 5 days, we can say It is Distribution again.
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#BITCOIN on Weekly TF, did gave a very shallow closing below the support and quickly moved up with the momentum, making an engulfing candle and breaking the resistance too. Weekly closing above the $66,200 will be considered bullish for next week. #ATH level will be nearby for us, so hope for the best
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