Taking a look at Bitcoin from a slightly different perspective, we are displaying a few zones that represent the heatmap of liquidity both for Binance and Bybit exchanges.
As we can see, the major liquidity zones for now are near $34K and $26K, but yet the first liquidity can be seen only near the $50K zone, which means if we see a nice failure to sustain that zone of $69K zone (which was the last ATH and is now acting as an unconfirmed support zone).
If this zone fails to hold its ground, then we will see the start of correctional movement.
Bear in mind a few things here: that point of interest at $75K zone and also that Halving is about in 40 days as well!!
Might this be "buy the rumor, sell the news event"?
Digital asset investment products saw record weekly inflows totalling $2.7bn, bringing total inflow year-to-date to $10.3bn, just shy of the record $10.6bn inflows for the whole of 2021.
Bitcoin remained the focus of investors, seeing $2.6bn inflows with year-to-date inflows now representing 14% of total AuM.
$RVN is a protocol based on a fork of the Bitcoin source code, with addition of new features designed to allow individuals to issue security-like tokens on its blockchain. Like Bitcoin, its consensus is reached through POW.
Many are not prepared for the most rally $RVN goin' to make.