#BITCOIN $80,000 - EMERGENCY WEEKEND FOMO KICKS IN – Bitcoin, #Ethereum, #Altcoins...
👇1-10) Our $100,000 Bitcoin target is now within sight (here, here, and here). Our Trading Signals model portfolio has gained 77.8% this year, with live Bitcoin trades initiated on August 27 at $60,270 and Ethereum on September 13 at $2,439. Ethereum short liquidations have reached an exceptional $43 million in the past 24 hours, while its funding rate surged to 28%.
👇2-10) Real time market liquidity is increasing from all sides, driving a massive $12bn of inflows during the last week. Historically, this is associated with a +16% return in Bitcoin, hence the recent Bitcoin (and crypto) rally are strongly supported by flows. Stablecoin inflows were nearly $5bn with the ETFs providing the least support but futures leverage has been strong, especially the lower market cap Ethereum is trading with a volatility / market cap ratio of 8.7%, which is extremely high compared to Solana (4.6%) and Bitcoin (2.8%).
👇3-10) Ethereum has also decisively broken out of the triangle pattern we previously highlighted. But there is a lot more to say about this move as this is driven by XXX ->
see full report: https://mail.10xresearch.co/p/bitcoin-80-000-emergency-weekend-fomo-kicks-in-bitcoin-ethereum-altcoins
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