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๐จ ๐ช๐ต๐ ๐ถ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฑ๐๐บ๐ฝ๐ถ๐ป๐ด? ๐จ And there are 5 reasons behind it: 1๏ธโฃ Outflow BTC ETF saw outflows again on the 3rd of July. The same goes for some altcoins. Today one crypto whale sold millions of dollars on them at a loss. According to Lookonchain: โพ LDO - 3.13M, $5.77M โพ AAVE - 49K, $4.54M โพ UNI - 269K, $2.41M โพ FXS - 250K, $708,000 That made the drop: LDO(-13%), AAVE(-8%), UNI(-5%), FXS(-11%). 2๏ธโฃ Liquidations Yesterday the liquidations on BTC reached $14M. Today this number is $36M. That triggered sell-offs and dropped the BTC price. 3๏ธโฃ Miners The hash rate is still down. Miners are extremely underpaid. That's why most of them sell BTC and move to other PoW tokens. Or sell tokens to maintain their BTC miner. 4๏ธโฃ Germany government The same story... During the last few days, they've been moving BTC all around. They might not sell coins, but people are already afraid. And started to sell first 5๏ธโฃ IFP Bitcoin is still in its negative zone according to this chart. When it turns red - a bearish mood starts on the market. When it becomes green - bullish How does the chart understand the color of the market? It measures Bitcoin flows in spot and derivative exchanges
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BIG BREAKING NEWS ๐จ US jobless claims 4 week average Increase: 238.50k ๐ Previous: 236.25k
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BIG BREAKING NEWS ๐จ: GOOD #BTC HOLDER ๐ ๐๐๐๐ JUST IN: $800 billion Standard Chartered Bank says #Bitcoin could hit โ$100,000 by US election day." ๐
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Market update โ ๏ธ #Bitcoinโฏโฏโฏ volatility is yet to come... The big move is yet to come. ___________________________________ Thank you for Watching my Post โฅ๏ธ โฅ๏ธYou can support me with tips to provide better contentโฅ๏ธ๐ด ๐ด๐ด Note about coin : 1. Analysis in front of you, no need for questions 2. Taking profits is not my responsibility so I order it for you 3. Click the currency symbol (yellow font) in the post to buy spot. Click the rectangular box at the end of the post to buy Futures. #BTC #ETH #BNB #SOL #LINK
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๐จ BREAKING NEWS ๐จ German ๐ฉ๐ช Govt just moved 400 #BTCโฏโฏโฏ โข Worth $25.28 million โข Sent to Bitstamp, Coinbase, Kraken โข Happened at 16:25 UTC Source: Arkham
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