🆘BTC Market Update🆘
🍎 BTC Fear & Greed Index drops to 37 - Fear 🚨
🍎 Altcoin Seasonal Index flashes at 31, altcoins are currently on the back burner 🚨
🍎 BTC attempts to bounce after testing strong demand liquidity zone 📊
🍎 On HTF, BTC remains bearish while volatility is oscillating 🚨
🍎 Both RSI and MFI are neutral and look healthy🟡
🍎 BTC has reached "Peak Fear" Historically, BTC recovers in such scenarios ⚡️Major catalysts this week include sentiment from the Harris and Trump debate on Tuesday, and the US CPI report 📊
🍎 Overall market is oversold, very weak, trader confidence is severely low ⏰
🍎 About 10% of US companies will be in the next 1-2 Converted 1.5% of its cash reserves (about $10.35 billion) into BTC this year 💎
🍎 The number of BTC held by the company has exceeded the 10,000 mark 📈
🍎 Many short-term (STH) holders have exited the market in the past two weeks, while long-term (LTH) holders have been accumulating 🚨
🍎 Coinbase's dominance in BTC spot trading volume has returned to pre-spot ETF levels.
For the bull cycle to continue, US demand should recover 🚨 We are in the middle of the cycle and haven’t even reached the retail bubble 👀
🍎 USDT reserves on exchanges have been growing rapidly since August ⚡️ Maybe these funds will be used to buy 📈
