🆘BTC MARKET UPDATE🆘

🍎 BTC Fear and Greed index fell to 37 - Fear 🚨

🍎 Altcoin Season Index flashing at 31, Altcoins are taking a backseat for now 🚨

🍎 BTC trying to Rebound after testing a strong demand liquidity zone 📊

🍎 On HTF, BTC is Still Bearish while Volatility is Ranging 🚨

🍎 Both RSI and MFI are Neutral and looking Healthy🟡

🍎 BTC had reached “peak fear” Historically, BTC recovers in such situations ⚡️Key catalysts this week includes the sentiments about debate between Harris and Trump on Tuesday, as well as the US Consumer Price Index report 📊

🍎 Overall market is oversold, very weak, and traders confidence is seriously lacking ⏰

🍎 Approx 10% of US-based companies will convert 1.5% of their cash reserves (~$10.35 billion) into BTC over the next 1-2 Years 💎

🍎 The number of BTC owned by the company has exceeded the 10,000 mark 📈

🍎 Many short-term (STH) holders have exited the market over the past two weeks, while long-term (LTH) holders have been increasing their holdings 🚨

🍎 Coinbase's dominance in BTC spot trading volume has returned to pre-spot ETF levels.

For the bull cycle to continue, US demand should recover 🚨 We are in the middle of the cycle and have not even reached the retail bubble yet 👀

🍎 USDT Reserves on exchanges have been growing rapidly since August ⚡️Perhaps these funds will be used for Buying 📈

Stay Tuned, Trade Safely 🍀