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So far looks like a textbook stop-hunt馃
Now time to reverse back upwards馃搱
#BTC
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馃寪 JUST IN: U.S. AGENCIES ALERTED TO PREPARE FOR IMMINENT GOVERNMENT SHUTDOWN 馃毃 With the threat of a government shutdown looming, markets could face heightened uncertainty during the holiday season. Traditionally, the end of December sees lower trading volumes but higher volatility, and this news might amplify those effects. Increased volatility could create both opportunities and risks, as investors seek alternatives amid fiscal instability. #Bitcoin #GovernmentShutdown #MarketVolatility #DigitalAssets
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Bitcoin Daily RSI has reset to levels last seen at $60K. The first pullback in 2021 also hit these levels on the RSI, before a 3x surge in price to $64,000. That would take Bitcoin +$270,000 this time. Bull market things...
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馃敂 Bitcoin ETFs See Record $671.9M in Outflows in a Single Day ! Bitcoin ETFs saw record outflows of $671.9M on Dec. 19, led by Grayscale鈥檚 GBTC ($208.6M) and ARK鈥檚 ARKB ($108.4M). Bitcoin鈥檚 price dropped to $96,409, with over $1B liquidated in 24 hours, reducing ETF net assets to $109.7B. 鈻讹笍 Check More Details Here: https://farside.co.uk/btc/
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馃毃馃毃馃毃 In the last 24 hours , 2,87,660 traders were liquidated , the total liquidations comes in at $990.06 million. The largest single liquidation order happened on Binance - ETHUSDT value $15.80M. In the past 24 hours, long positions worth ~$681.45M liquidated.
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#FTM/USDT ANALYSIS FTM is currently retesting the pattern following its breakout from the descending triangle. The 50MA and 100MA are providing strong support. A successful retest of the pattern could signal the start of a strong bullish rally. However, if the retest fails, the price may move back within the pattern, potentially leading to further consolidation.
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