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El mejor plan para tener éxito en este mundo del trading es la gestión de riesgo. https://tradelikeaproaf.com
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Bitcoin is having a bad day
Bitcoin Daily Analysis
The current price of Bitcoin
after having closed the previous day at $67,377.49, showing a drop of 3.07% from its opening at $69,032.00. During the day, the price reached a high of $69,512.52 and a low of $66,840.67, highlighting the volatility in the last few hours. A bearish engulfing candlestick pattern has formed, indicating a possible continuation of the correction in the short term. The current price is in a key resistance zone within a side channel on the daily chart, which could hinder a new immediate bullish momentum.
As for technical indicators, the RSI is located at 59.75, indicating that, although it is not in overbought, it still remains close to that zone, suggesting caution for traders.
The overall short-term trend remains bullish, with sustained growth since September 8, accumulating 44 days of gains. However, recent events, such as the increase in USDT and stablecoin issuance, could influence Bitcoin's price action in the next 24 hours.
Bitcoin Daily Analysis
The current price of Bitcoin
after having closed the previous day at $67,377.49, showing a drop of 3.07% from its opening at $69,032.00. During the day, the price reached a high of $69,512.52 and a low of $66,840.67, highlighting the volatility in the last few hours. A bearish engulfing candlestick pattern has formed, indicating a possible continuation of the correction in the short term. The current price is in a key resistance zone within a side channel on the daily chart, which could hinder a new immediate bullish momentum.
As for technical indicators, the RSI is located at 59.75, indicating that, although it is not in overbought, it still remains close to that zone, suggesting caution for traders.
The overall short-term trend remains bullish, with sustained growth since September 8, accumulating 44 days of gains. However, recent events, such as the increase in USDT and stablecoin issuance, could influence Bitcoin's price action in the next 24 hours.
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Overview with Liquidation Heatmap, 1 Day Timeframe:
In the latest price events, Bitcoin (BTC) has been moving between $48,800 and $64,000, showing a 28.61% increase from the last recorded low. This low was reached near $48,800 in early August, and the price has traveled 28.61% to reach the current value of $62,600.
The tool reflects a strong concentration of liquidity between $70,000 and $88,000, indicating a high probability of liquidations if the price continues its ascent towards these key zones.
In the latest price events, Bitcoin (BTC) has been moving between $48,800 and $64,000, showing a 28.61% increase from the last recorded low. This low was reached near $48,800 in early August, and the price has traveled 28.61% to reach the current value of $62,600.
The tool reflects a strong concentration of liquidity between $70,000 and $88,000, indicating a high probability of liquidations if the price continues its ascent towards these key zones.
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good report...
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CryptoPotato
--
Spot Bitcoin ETF Fees By BlackRock Revealed in New Application Amendments
The race to the first approved spot Bitcoin ETF by the United States Securities and Exchange Commission continues in full force.
A number of applicants, including the world’s largest asset manager – BlackRock – have filed amendments to their S-1 registration statements under the country’s Securities Act.
The latest round of changes came today, January 8th. iShares Bitcoin Trust (that of BlackRock), proposed a Sponsor Fee of 0.30%. That fee is charged on the net asset value of the Trust and is payable at least quarterly – in USD.
Reported fees for other ETF applicants include:
0.25% for VanEck
0.5% for WisdomTree
0.25% for Ark/21 Shares – down from 0.8%
Recall that the SEC has until January 10th to decide whether or not it will approve applications for a spot Bitcoin ETF.
Analysts and surveys appear torn on whether the decision will be positive. As CryptoPotato recently reported, most financial advisors believe Bitcoin ETFs will be denied, according to a survey sanctioned by Bitwise.
On the other hand, Bloomberg’s Eric Balchunas said Saturday raised the odds of approval to above 90%, while Polymarket speculators bet on an 85% chance of approval.
The post Spot Bitcoin ETF Fees by BlackRock Revealed in New Application Amendments appeared first on CryptoPotato.
A number of applicants, including the world’s largest asset manager – BlackRock – have filed amendments to their S-1 registration statements under the country’s Securities Act.
The latest round of changes came today, January 8th. iShares Bitcoin Trust (that of BlackRock), proposed a Sponsor Fee of 0.30%. That fee is charged on the net asset value of the Trust and is payable at least quarterly – in USD.
Reported fees for other ETF applicants include:
0.25% for VanEck
0.5% for WisdomTree
0.25% for Ark/21 Shares – down from 0.8%
Recall that the SEC has until January 10th to decide whether or not it will approve applications for a spot Bitcoin ETF.
Analysts and surveys appear torn on whether the decision will be positive. As CryptoPotato recently reported, most financial advisors believe Bitcoin ETFs will be denied, according to a survey sanctioned by Bitwise.
On the other hand, Bloomberg’s Eric Balchunas said Saturday raised the odds of approval to above 90%, while Polymarket speculators bet on an 85% chance of approval.
The post Spot Bitcoin ETF Fees by BlackRock Revealed in New Application Amendments appeared first on CryptoPotato.
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possible price movements waiting for reactions and area to enter the market #BTC #dolar #TradingCripto #Halving #tradelikeaproaf #FXPRO.
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waiting for an area of 34,800 liquidity to go for those 35,400...personal analysis
#FXPRO #Tradelikeaproaf #metatrader4 #BTC #traders
#FXPRO #Tradelikeaproaf #metatrader4 #BTC #traders
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Current analysis, reading: large Blocks order has already been made in profits in the large box is observed and many know it as the flag or star pattern. The lines at the bottom of the image projecting the next price movement.
#BTC #btcusdt #FXPRO #Tradelikeaproaf
#mt4 #binanceSquare
#BTC #btcusdt #FXPRO #Tradelikeaproaf
#mt4 #binanceSquare
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