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๐๐$BTC The total amount of losses realized by investors from selling BTC over the past week amounts to $127M. This low figure is encouraging, which generally reduces pressure on the market.
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๐ค $BTC Research indicates that Bitcoin experiences a predictable pattern of underperformance from July 22 to September 22. August and September historically have significantly lower returns than other months. This seasonality is a powerful force that consistently occurs in most markets and is typically associated with summer declines.
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๐๐ $BTC CEO C.Q.: Checking data regarding #MtGox creditors: No price disparity or volume surge at Kraken; in/outflows are normal. Recent price drop unrelated to Gox creditors. Gox supply in #Kraken should be treated as part of the existing retail supply. It's just sensitive to market sentiment.
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๐ $BTC is signaling a potential bullish breakout as its RSI on the hourly charts breaks through a downward trendline established since July 19.
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๐จ๐ด $LINK Wenia, part of Bancolombia Group, taps Chainlink to increase transparency of its stablecoin backed 1:1 by the Colombian peso.
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