The greedy sentiment in the Bitcoin market remains unabated, and the inflow of BlackRock IBIT has reached a new high! Trump may trigger a new rise in Bitcoin?
On Tuesday, although Bitcoin briefly lost the $67,000 mark, the market sentiment is still "greedy"! The inflow of funds to the Bitcoin spot ETF (IBIT) under Wall Street asset management giant BlackRock hit a new high on Monday, reaching $523 million, and the total holdings were close to 333,000 coins, with a value of more than $22 billion, setting the strongest single-day record since March!
Analysts are even more optimistic and predict that Trump may announce Bitcoin as a strategic reserve asset at the upcoming Bitcoin Conference, adding fuel to the price of Bitcoin. However, the repayment plan of the former crypto exchange Mt.Gox has cast a shadow over the market, triggering a panic of selling.
Technically, the Bitcoin greed and fear sentiment index points directly to the "greed" area. Analysts believe that it is still in an upward channel. Once it breaks through the $69,000 resistance, it may rush straight to the $70,000 mark, aiming at a historical high! However, it should be noted that if it falls below the $64,000 support, it may trigger a short-selling counterattack. Strategy Understanding--Research Institute--972331171
In this cryptocurrency feast, is it Trump's unexpected announcement that triggers a new round of gains, or is Mt.Gox's repayment plan a stumbling block? Everything will be revealed in the ups and downs of Bitcoin! #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业? #山寨季何时到来? #拜登退选 #比特币大会 $STMX $PEPE $ENS