#Bitcoin Realized Dominance:
"Today, the dominance or capital held by short-term holders is at 35%. In the long-term perspective, Bitcoin still has significant growth potential..."

According to Reuters, El Salvador’s President Nayib Bukel’s government will move forward with plans for Bitcoin-backed bonds, building Bitcoin cities, and issuing passports to cryptocurrency investors if he wins the upcoming election.

The Annual Inflation Rate (CPI) of the European Region was announced as 2.8%.
(Forecat:2.7, Previous: 2.9)

Important Levels of the Liquidation Map
Short Liquidations
43109$
43600$
44417$
Long Liquidations
41933$
41238$
40831$BTC

Whales Withdraw #Bitcoin from BitMEX Again: A Historical Look at the Positive Impact of These Movements and the Need for Close Monitoring
“Movements of large volumes of cryptocurrencies on this exchange are not random or merely speculative but are calculated and strategic actions."

X receives money transmitter license for payment services in Nevada. #Bitcoin

Hedge fund chief Scaramucci, “#Bitcoin will easily get to half the market capitalization of gold."

German Police seize 50,000 #Bitcoin   worth +€2.17 billion allegedly bought with money made running a movie pirating site until 2013.

Short-Term Holder Cost Basis ($38.3k), describing the average acquisition price of new demand. True Market Mean Price ($33.3k), a cost basis model for active investors. Retests of the STH Cost basis as support are typical during market uptrends, however, a decisive loss of this level would bring the True Market Mean into consideration. #Bitcoin

SEC likely to approve spot #Ethereum ETFs on May 23 - $850 Billion Standard Chartered Bank #Bitcoin

Digital asset investment products saw significant outflows last week, totalling US$500m.
The outflows in Grayscale last week totalled US$2.2bn.
Newly issued US ETFs saw inflows totalling US$1.8bn last week, and since launch on 11th January 2024 have seen US$5.94bn of inflows. #Bitcoin

Europe's Rising Crypto Confidence
A new survey by #Binance shows a robust 73% of Europeans are bullish on crypto.
This reflects a growing trend of digital asset integration across the continent

BTC Short Term Holder SOPR Losses, DCA Opportunities
“The metric has been showing values below 1, which means that short-term investors are dumping #Bitcoin at a loss. This means that whale investors are likely to see this as a buying opportunity.”

#Bitcoin short-term liquidation levels;
🔶Short liquidations;
🔸42.796
🔸42.935
🔷Long liquidations;
🔹42.097
🔹41.651
🔹40.651
🔹39.822

#Bitcoin whales have increased their $BTC holdings by $3B (76,000 BTC) since the beginning of this year.
Smart money continues to buy Bitcoin. 🤑

The #Bitcoin Realized Price, which shows the average realized value of Bitcoin (is it cheap or expensive ), acts as an important support and resistance in corrections.

There are 2.417 #Bitcoin inflowed to Spot exchanges. Be careful.

Another US Bank is collapsing!

Stock trading #FRC First Republic Bank was halted due to high volatility.

The U.S. Government does not want to interfere with the troubled First Republic Bank. #Bitcoin

The Sandbox(#SAND ) partners with Ledger Enterprise