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BTC USDT Heading towards TP Bitcoin has surged to $71,000, marking the highest price in the past two months, accompanied by a stable funding rate indicating positive signals. According to an analyst’s explanation in a CryptoQuant Quicktake post, BTC’s funding rate has remained relatively low recently. The “funding rate” refers to an indicator that tracks the periodic fees traders on the derivatives market are paying each other. When this metric is positive, it means that long position holders are paying higher fees to short sellers to maintain their positions. Such a trend indicates a generally bullish sentiment in the market. Conversely, a negative value of this indicator suggests that short sellers dominate the market, indicating a bearish sentiment among derivative users. Now, here is a chart displaying the data on Bitcoin’s funding rate, along with its 7-day simple moving average (SMA) over the past year. Follow me 4 more updates and free signals. #ETHETFS #notcoin #altcoins #BinanceLaunchpool #BlackRock $BTC

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After hitting $63,000 yesterday, Bitcoin has now corrected to $61,700. Galaxy CEO Mike Novogratz, a prominent industry figure, thinks Bitcoin could range between $55,000 and $75,000 until a “new story” emerges. He suggested that Bitcoin price may not see major fluctuations until the market accepts new changes. According to Novogratz, this “story” could emerge through two scenarios: The US Central Bank reduces interest rates or regulators loosen regulations on cryptocurrencies. On Tuesday, while discussing the company’s earnings, Novogratz said that after a strong first quarter, cryptocurrencies are now in a consolidation phase and Bitcoin prices could range between $55,000 and $75,000 for until the next market events. In an interview with Bloomberg on Tuesday, Novogratz shared: “Bitcoin always needs a story. If you consider Bitcoin as digital gold, there are always two main factors: macro factors and adoption factors.” #Memecoins #ETHETFS #altcoins #BinanceLaunchpool #ETFvsBTC $BTC

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#signaladvisor Type Long Pair BTC USDT Entry CMP Sl 56,500 Lv acc to portfolio Take Profit : 73,000 DYOR #NFA✅ Trade may take time Follow For more updates and signals Manage Risk Properly #Memecoins #BTCUSDT #MicroStrategy $BTC

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The price of Bitcoin has dropped to $61,000, meaning the market has been in a continuous decline for the past 3 days. In the cryptocurrency sector, it can be seen that both physical and derivatives trading volumes have decreased due to concerns about the overall economic situation. The views of officials from the Federal Reserve have raised questions about whether interest rates can remain high. Bitcoin whales are buying at this time. Data from online data platform Santiment shows that in the price range of $61,000 to $64,000, large investors began accumulating BTC within the past 24 hours. Investor groups owning between 1,000 and 10,000 BTC purchased an additional 15,000 BTC, estimated to be worth $941 million. Even though the price dropped to $62,000, the “whales” continued to accumulate with no signs of abating. #ETHETFS #altcoins #BlackRock #MicroStrategy #buythedip $BTC

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BTC USDT Short Update If Btc clear 66k ~67k zone then it will move up to 80k ~ 85k but keep in mind we are still Bearish until it clear these two zone thats it follow for more #ETHETFS #BTC🔥🔥🔥🔥🔥 #BTCUSDT #altcoins #BlackRock $BTC

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