#BitcoinKeyZone
The crypto market has taken a pause: Bitcoin is stuck in a sideways movement 💤💸
Key facts:
1. American inflation 😱: rose only by 0.1% in November. Everyone is waiting for the Federal Reserve (FRS) to lower rates again, which will give crypto a chance to take off. 🚀
2. Spot ETFs on BTC 💰: money continues to flow in – $4.8 billion poured in over 11 days! Institutions clearly believe in Bitcoin.
On Coinbase, Bitcoin is more expensive than on Binance. This means that big players 🕴️ are buying BTC while regular people panic and sell.
Technical analysis: why has everything stopped?
• Bitcoin in sideways movement ⏸: in recent weeks, the price has fluctuated between $90,742 and $103,647. 📉📈
• Moving average (50-day): the price is still above it, so buyers are still in profit. 👍
• Fear and greed index: rose to 76 (this is extreme greed). People believe that Bitcoin will soon surge upwards. 🤑
📌Waiting for the rate to be lowered👨💻
