🔻 Bitcoin hit a new 2024 low $39,700. - 2024 High: $49,05 | Gamefi Gems on Binance Square

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🔻 Bitcoin hit a new 2024 low $39,700.
- 2024 High: $49,050
How much further will BTC go down from here? 👇
#BitcoinRevolution" #Dumping #Dump_Pump

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📊 Crypto NetInflow : Aug 5th 💰 BTC ETFs : - $169M 📉 💰 ETH ETFs : +$49M 📈 #BTCMarketPanic #RecessionOrDip? #BTC☀ #Marketsentimentstoday #Marketsentimentstoday

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Top Price movements: Last 5 minutes: 🚀 SOL $129.61 => $136.00 +4.93% 🚀 DOGE $0.0943 => $0.0981 +4.07% 🚀 XRP $0.4883 => $0.5071 +3.85% 🚀 AVAX $19.54 => $20.24 +3.58% 🚀 ADA $0.3115 => $0.3224 +3.50% 🚀 ETH $2419.26 => $2500.66 +3.36% 🚀 BNB $464.20 => $479.20 +3.23% 🚀 ATOM $4.64 => $4.79 +3.12% 🚀 MATIC $0.3842 => $0.3960 +3.07% 🚀 BTC $54008.00 => $55410.00 +2.60% #BTCMarketPanic #BullRunAhead #BinanceTurns7 #ETH_ETFs_Approval_Predictions #bullrun2024📈📈

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💰 #Bitcoin caught by the strong support confluence of EMA 50 + $48500 Key Zone + 0.618 fib additionally it's the bottom of descending broadening wedge👀 📍To be honest it's not much about #Crypto rather about the whole economy There is a great fear that FED will cut its benchmark rate by half a percentage point at its September policy meeting due to high unemployment rate. We need to wait and see how the U.S Government will deal with this P.S once again market shows us that leverage is not allowed! Only spot wins at the end! #BTCMarketPanic #RecessionOrDip? #MarketDownturn #BTC☀ #Marketsentimentstoday

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🔵 ETH Hits 200 Weekly EMA on Most of the Exchanges. 200 Weekly EMA Represents Bear Market Bottom. Great Buying Opportunity in Spot. #etherreum #Marketsentimentstoday #EtheruemETF #BTC☀ #BearishPhase

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This $ETH obliteration is largely caused by capitulation from large funds Below are the sells from these funds denominated in $ETH - @paradigm : 46K $ETH ($138M $ETH @ $3000) - @Grayscale : 372K $ETH ($1.1B $ETH @ $3000) - @jump_ : 20.2K $ETH ($60m $ETH @ $3000) While the other two entities hold no significant amounts of $ETH. @Grayscale has >$5B worth of $ETH to potentially unload. #etherreum #EtheruemETF #Marketsentimentstoday #BTC☀ #BearishPhase

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