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Radiant Capital (RDNT) Spikes 8% #Web3 #Blockchain #RADIANT #rdnt $RDNT
Radiant Capital (RDNT) Spikes 8%
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Bitcoin Price Could Hit $100,000 in Next Six Months; It Could Trigger a Wave of Selling Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ Chris Vermeulen, Chief Market Strategist of The Technical recently opened up about Bitcoin price and trends in a conversation with David Lin. Chris expressed his belief that Bitcoin is poised to climb higher despite Bitcoin’s inability to break beyond the $70k levels. Chris explained that Bitcoin has formed a basing formation, suggesting a critical level on the chart. This formation resembles a cup and handle pattern, considered one of the strongest, particularly when built in a basing formation. Breaking out of this level, Bitcoin’s price is now surging higher. There are several interesting levels to consider, with the Fibonacci extension being one of the most accurate methods to forecast price momentum. Applying the Fibonacci extension to the chart pattern provides upside targets for Bitcoin’s price movement. Following a pullback and subsequent rally, the next stop in this rally indicates a target of around $80,000, with a potential further upside to $90,000. Chris believes Bitcoin can go even higher, depending on historical trends. He said, “If we apply Fibonacci extension, which is the start of this breakout rally and down to the pullback we saw just a month ago, this projects for where Bitcoin could go, which is dramatically higher. This brings us up to about $87,000 and $106,000.” Using the monthly chart and Fibonacci analysis, Chris took a broader perspective and pointed out potential targets for Bitcoin’s upward trajectory. While he admitted he wasn’t a Bitcoin expert, he noted that Bitcoin and gold are perceived as an alternative currency. Both assets are experiencing upward movement, potentially due to concerns about the dollar and stock market stability. Chris speculated that this trend suggests a looming crisis prompting investors to seek refuge in alternative assets like Bitcoin and gold. #EthereumETF #Bitcoin #BnbAth #Ethereum #Memecoin $BTC $ETH
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Bitcoin ETFs see $887 million total inflow with no outflows from GBTC
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Bitcoin ETFs see $887 million total inflow with no outflows from GBTC Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ Farside data shows that on June 4, Bitcoin exchange-traded funds (ETFs) saw significant inflows, with a total of $886.6 million. This makes it the second-largest day of inflows since launch, trailing only March 12, which saw over $1 billion in inflows. Notably, this is the largest inflow ever for a day when no US ETF recorded an outflow, including GBTC. Leading the charge was Fidelity’s FBTC, which recorded an inflow of $378.7 million, marking its biggest single-day inflow since March 7. This boost brought Fidelity’s total net inflow to $9.3 billion. BlackRock’s IBIT was another major contributor, with an inflow of $274.4 million, raising its total net inflow to an impressive $17 billion. Bitwise’s BITB saw a $61 million inflow, taking its total to $2 billion, while Ark’s ARKB reported a $138.7 million inflow, pushing its total to $2.6 billion. Grayscale’s GBTC saw a $28.2 million inflow, which still reflects a total net outflow of $17.9 billion. In total, ETFs have attracted a combined inflow of $15 billion, according to Farside data. According to Heyapollo data, the $886.6 million inflow is equivalent to 12,590 Bitcoin, with FBTC alone accounting for 5,374 BTC. US Bitcoin ETFs have now experienced 16 consecutive trading days of inflows. Just one more day of inflows will tie the current record for consecutive inflow days. #EthereumETF #ETF #BTCETF #BnbAth #btc70k $BTC $ETH $SOL
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Bitcoin Price Could Hit $100,000 in Next Six Months; It Could Trigger a Wave of Selling
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Mike Novogratz Predicts Bitcoin Will Reach $100,000 by End of 2024
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