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MicroStrategy Bets Big on Bitcoin Again: MicroStrategy just spent $2.1 billion to buy 21,550 more Bitcoins, paying about $98,783 per coin. Now, they own 423,650 Bitcoins worth $42 billion—over 2% of all Bitcoin in the world! They funded the purchase by selling $2.13 billion in shares, doubling down on their Bitcoin strategy. This comes as Bitcoin hit $100,000, and MicroStrategy’s stock has jumped 470% this year. It’s a bold move, but Bitcoin’s wild price swings make it risky. Will this bet pay off, or is it too much of a gamble? Investors are watching closely. $BTC {spot}(BTCUSDT) #BinanceHODLerMOVE #bitcoinetfdaynewsupdate #MicroStrategу
MicroStrategy Bets Big on Bitcoin Again:

MicroStrategy just spent $2.1 billion to buy 21,550 more Bitcoins, paying about $98,783 per coin. Now, they own 423,650 Bitcoins worth $42 billion—over 2% of all Bitcoin in the world!

They funded the purchase by selling $2.13 billion in shares, doubling down on their Bitcoin strategy. This comes as Bitcoin hit $100,000, and MicroStrategy’s stock has jumped 470% this year.

It’s a bold move, but Bitcoin’s wild price swings make it risky. Will this bet pay off, or is it too much of a gamble? Investors are watching closely.
$BTC
#BinanceHODLerMOVE #bitcoinetfdaynewsupdate #MicroStrategу
Satoshi No Longer Leading Bitcoin HolderAccording to data provided by Eric Balchunas, one of the leading ETF analysts, US-based spot Bitcoin ETFs have now surpassed Satoshi Nakamoto as the top holders of the largest cryptocurrency. After the most recent update, these products hold a total of 1.104 million BTC. For comparison, Satoshi's Bitcoin holdings stand at an estimated 1.1 million. Blachunas described the milestone as "mindblowing," noting that these products were launched less than a year ago. BlackRock's IBIT alone has now surpassed $50 billion in total assets, substantially outperforming other ETFs. As reported by U.Today, Balchunas has predicted that IBIT could become the sole biggest holder of Bitcoin in 2025. Cryptocurrency giant Binance, business intelligence firm MicroStrategy, and the US government are also among the top five biggest Bitcoin holders. While Satoshi remains in second place, it should be noted that their total Bitcoin holdings are hard to ascertain. Chainalysis, the most prominent blockchain sleuth, estimated that Satoshi owns 1.124 million BTC across a total of 36,000 wallets. If this estimate is accurate, this means that Satoshi remains the latest Bitcoin holder (at least for now). Moreover, there could be additional wallets that were not taken into account by Chainalysis. That said, it is unlikely that Satoshi is going to touch their wallets again. As reported by U.Today, Galaxy Digital CEO Mike Novogratz recently argued that the Bitcoin founder is no longer alive. There is also some speculation about whether the Bitcoin creator has a dead man’s switch that could possibly allow transferring their vast fortune to their loved ones. Despite not being active online for over a decade, this mysterious figure continues to have significant influence within the community, and Satoshi's sudden reappearance could have dramatic impact on the price of Bitcoin. #ETHCrosses4K #bitcoinetfdaynewsupdate #TrendingBinance

Satoshi No Longer Leading Bitcoin Holder

According to data provided by Eric Balchunas, one of the leading ETF analysts, US-based spot Bitcoin ETFs have now surpassed Satoshi Nakamoto as the top holders of the largest cryptocurrency.

After the most recent update, these products hold a total of 1.104 million BTC. For comparison, Satoshi's Bitcoin holdings stand at an estimated 1.1 million. Blachunas described the milestone as "mindblowing," noting that these products were launched less than a year ago. BlackRock's IBIT alone has now surpassed $50 billion in total assets, substantially outperforming other ETFs. As reported by U.Today, Balchunas has predicted that IBIT could become the sole biggest holder of Bitcoin in 2025. Cryptocurrency giant Binance, business intelligence firm MicroStrategy, and the US government are also among the top five biggest Bitcoin holders. While Satoshi remains in second place, it should be noted that their total Bitcoin holdings are hard to ascertain. Chainalysis, the most prominent blockchain sleuth, estimated that Satoshi owns 1.124 million BTC across a total of 36,000 wallets. If this estimate is accurate, this means that Satoshi remains the latest Bitcoin holder (at least for now). Moreover, there could be additional wallets that were not taken into account by Chainalysis. That said, it is unlikely that Satoshi is going to touch their wallets again. As reported by U.Today, Galaxy Digital CEO Mike Novogratz recently argued that the Bitcoin founder is no longer alive.
There is also some speculation about whether the Bitcoin creator has a dead man’s switch that could possibly allow transferring their vast fortune to their loved ones. Despite not being active online for over a decade, this mysterious figure continues to have significant influence within the community, and Satoshi's sudden reappearance could have dramatic impact on the price of Bitcoin.
#ETHCrosses4K #bitcoinetfdaynewsupdate #TrendingBinance
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Bullish
#BTC update Price bounced and hits 68.7k resistance as expected and currently above 68.7kas support but alao under 69.3k key resistance zone. Buy options Buy at current price setup Buy: Now -- 67781 SL: just below 67781 TP: 69.9, 70969, 71485 Another potential zone if price starts closing below 68.7 -- 68.3k then we can put buy orders range is 647k. --------- #Bitcoin❗ #bitcoinnewsupdate #bitcoinetfdaynewsupdate
#BTC update

Price bounced and hits 68.7k resistance as expected and currently above 68.7kas support but alao under 69.3k key resistance zone.

Buy options

Buy at current price setup

Buy: Now -- 67781
SL: just below 67781
TP: 69.9, 70969, 71485

Another potential zone if price starts closing below 68.7 -- 68.3k then we can put buy orders range is 647k.

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#Bitcoin❗ #bitcoinnewsupdate #bitcoinetfdaynewsupdate
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Bullish
🇺🇸 **US Spot Bitcoin ETF Balances Surge!** 🚀 Spot Bitcoin ETF balances have reached a new all-time high, surpassing **900,636 BTC**! 💰 This milestone reflects growing institutional interest and confidence in Bitcoin. **What This Means:** - **Increased Institutional Adoption**: The record high indicates significant investment from institutional players. - **Market Confidence**: A higher ETF balance often suggests strong market confidence in Bitcoin's long-term value. - **Potential Price Impact**: Increased ETF holdings can influence Bitcoin's price and liquidity. Stay tuned and keep an eye on market trends as Bitcoin continues to gain traction in traditional finance! 📊 #Write2Earn! #BTC #CryptoNews🚀🔥 #bitcoinetfdaynewsupdate {spot}(BTCUSDT) $BTC
🇺🇸 **US Spot Bitcoin ETF Balances Surge!** 🚀

Spot Bitcoin ETF balances have reached a new all-time high, surpassing **900,636 BTC**! 💰 This milestone reflects growing institutional interest and confidence in Bitcoin.

**What This Means:**
- **Increased Institutional Adoption**: The record high indicates significant investment from institutional players.
- **Market Confidence**: A higher ETF balance often suggests strong market confidence in Bitcoin's long-term value.
- **Potential Price Impact**: Increased ETF holdings can influence Bitcoin's price and liquidity.

Stay tuned and keep an eye on market trends as Bitcoin continues to gain traction in traditional finance! 📊

#Write2Earn! #BTC #CryptoNews🚀🔥 #bitcoinetfdaynewsupdate
$BTC
1. **Support Levels (Green Lines):** $( 67,243.1 - 65,929.2 ) 2. **Resistance Levels (Red Lines):** $( 73,895.4 - 71,939.8) $70,584.3 $69,392.2 3. **Current Price Level:** - Around 69,800.0 (indicated by a dashed line) 4. **Chart Patterns:** - The chart shows upward and downward trends. - There is a highlighted upward trend channel (blue shaded area) indicating a possible bullish trend. - A previous consolidation pattern is also visible (purple shaded area). 5. **Interpretation:** - If BTC breaks above the resistance levels, it could signal a strong upward move. - If BTC falls below the support levels, it might indicate a bearish trend. - Traders can use these levels to plan entry and exit points. This analysis helps in understanding potential price movements and planning trades accordingly. Best of Luck...!! #Bitcoin_Coneference_2024 #BTC☀ #bitcoin☀️ #BinanceHODLerBANANA #bitcoinetfdaynewsupdate $BTC
1. **Support Levels (Green Lines):**
$( 67,243.1 - 65,929.2 )

2. **Resistance Levels (Red Lines):**
$( 73,895.4 - 71,939.8)
$70,584.3
$69,392.2

3. **Current Price Level:**
- Around 69,800.0 (indicated by a dashed line)

4. **Chart Patterns:**
- The chart shows upward and downward trends.
- There is a highlighted upward trend channel (blue shaded area) indicating a possible bullish trend.
- A previous consolidation pattern is also visible (purple shaded area).

5. **Interpretation:**
- If BTC breaks above the resistance levels, it could signal a strong upward move.
- If BTC falls below the support levels, it might indicate a bearish trend.
- Traders can use these levels to plan entry and exit points.

This analysis helps in understanding potential price movements and planning trades accordingly.

Best of Luck...!!
#Bitcoin_Coneference_2024 #BTC☀ #bitcoin☀️ #BinanceHODLerBANANA #bitcoinetfdaynewsupdate $BTC
🚨Bitcoin up or down ? 🚨 There are some factors that i would consider . Bitcoin dominance Usdt dominance Dollar index Spx Overall sentiments Bitcoin dominance is not that important as what matters is the overall market cap. Currenctly the usdt dominance is very close to the higher time frame support area. Which means if it moves up to touch the resistance there will be a blood bath. Dolar index is at highs if it drops we will see crypto market rising . Spx is also rising Psychological point : Market at top , there would be alot of people selling at the highs again And the buyers are super greedy now. Technical stuff : Btc create a new high at 74k areas and was rejected Which means a newly made resistance for the bitcoin. I think it will touch the highs again and then we will see if it goes side ways or creates a top wick and come back down. Right now bitcoin holding 60k areas which is a good sign but considering the other factors that i mentioned on top this is not a good time to trade with over leverage, secondly not a good time to hold coins in spot thinking of a start of bulll market . Please give me your valuable suggestions too. $BTC $ETH #bitcoin☀️ #Bitcoin❗ #bitcoinetfdaynewsupdate {future}(ETHUSDT) {future}(BTCUSDT)
🚨Bitcoin up or down ? 🚨
There are some factors that i would consider .
Bitcoin dominance
Usdt dominance
Dollar index
Spx
Overall sentiments

Bitcoin dominance is not that important as what matters is the overall market cap.
Currenctly the usdt dominance is very close to the higher time frame support area.
Which means if it moves up to touch the resistance there will be a blood bath.
Dolar index is at highs if it drops we will see crypto market rising .
Spx is also rising

Psychological point :
Market at top , there would be alot of people selling at the highs again
And the buyers are super greedy now.
Technical stuff :
Btc create a new high at 74k areas and was rejected
Which means a newly made resistance for the bitcoin.
I think it will touch the highs again and then we will see if it goes side ways or creates a top wick and come back down.
Right now bitcoin holding 60k areas which is a good sign but considering the other factors that i mentioned on top this is not a good time to trade with over leverage, secondly not a good time to hold coins in spot thinking of a start of bulll market .

Please give me your valuable suggestions too. $BTC $ETH #bitcoin☀️ #Bitcoin❗ #bitcoinetfdaynewsupdate
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Bearish
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Bullish
𝗨𝗦 𝗦𝗽𝗼𝘁 #Bitcoin 𝗘𝗧𝗙𝘀 𝗪𝗶𝘁𝗻𝗲𝘀𝘀 $𝟰𝟮𝟮 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗜𝗻𝗳𝗹𝗼𝘄𝘀 – 𝗕𝗶𝗴𝗴𝗲𝘀𝘁 𝗦𝘂𝗿𝗴𝗲 𝗦𝗶𝗻𝗰𝗲 𝗝𝘂𝗻𝗲. 🔻Bitcoin ETFs in the US experienced a remarkable surge, drawing in $422 million in net inflows, the largest since early June. 🔻This brings the total inflows to over $16 billion since January, underscoring the growing interest and confidence in cryptocurrency investments. #bitcoinetfdaynewsupdate $BTC
𝗨𝗦 𝗦𝗽𝗼𝘁 #Bitcoin 𝗘𝗧𝗙𝘀 𝗪𝗶𝘁𝗻𝗲𝘀𝘀 $𝟰𝟮𝟮 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗜𝗻𝗳𝗹𝗼𝘄𝘀 – 𝗕𝗶𝗴𝗴𝗲𝘀𝘁 𝗦𝘂𝗿𝗴𝗲 𝗦𝗶𝗻𝗰𝗲 𝗝𝘂𝗻𝗲.

🔻Bitcoin ETFs in the US experienced a remarkable surge, drawing in $422 million in net inflows, the largest since early June.

🔻This brings the total inflows to over $16 billion since January, underscoring the growing interest and confidence in cryptocurrency investments.

#bitcoinetfdaynewsupdate $BTC
🛎 Analyst and trader Kevin Svensson says a historically accurate signal is flashing back up for Bitcoin (BTC). In a new strategy session, Svensson tells his 79,400 YouTube subscribers that Bitcoin’s relative strength index (RSI) is suddenly repeating a pattern that has historically preceded massive rallies that lasted at least six months. The RSI is a momentum oscillator used to determine whether an asset is oversold or overbought. #bitcoinangles #bitcoinetfdaynewsupdate #BitcoinBeliever #BitcoinCyclePeak #bitcoinnewsupdate
🛎 Analyst and trader Kevin Svensson says a historically accurate signal is flashing back up for Bitcoin (BTC).

In a new strategy session, Svensson tells his 79,400 YouTube subscribers that Bitcoin’s relative strength index (RSI) is suddenly repeating a pattern that has historically preceded massive rallies that lasted at least six months.

The RSI is a momentum oscillator used to determine whether an asset is oversold or overbought.

#bitcoinangles #bitcoinetfdaynewsupdate #BitcoinBeliever #BitcoinCyclePeak #bitcoinnewsupdate
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Bullish
$BTC #bitcoinetfdaynewsupdate Introduction to Bitcoin's Recent Price Surge Bitcoin is making waves again within the cryptocurrency world with its recent charge surge. Investors and enthusiasts are excited to see the virtual foreign money again at the rise after a length of fluctuation. Factors Driving Bitcoin's Price Increase There are numerous key factors at the back of Bitcoin's modern day price surge which can be really worth thinking about. From increased institutional interest to marketplace speculation, numerous factors are influencing the cryptocurrency's value. Increased Institutional Interest Big gamers in the financial global are beginning to take be aware of Bitcoin, with establishments like Tesla and PayPal embracing the virtual currency. This newfound interest is boosting confidence in Bitcoin's potential as a mainstream asset. Diversification and Risk Management Diversifying your funding portfolio beyond Bitcoin and implementing hazard management strategies can assist cushion the effect of market fluctuations and defend your capital in turbulent instances Long-Term Investment Approaches Taking an extended-time period view of your investment in Bitcoin can assist journey out brief-term volatility and consciousness on the asset's boom ability over time. Strategic making plans and patience are critical for traders navigating the rollercoaster trip of the crypto market.As Bitcoin continues to raise once more, it stays a dynamic and evolving asset that sparks both excitement and warning in the economic world. Whether it is the institutional interest propelling its fee or the regulatory panorama shaping its future, one aspect is positive - the adventure of Bitcoin's resurgence is full of opportunities and challenges. By staying knowledgeable, navigating risks accurately, and adopting strategic procedures, buyers can function themselves to trip the waves of Bitcoin's volatility and doubtlessly reap the rewards of its ongoing ..... Disclaimer: dont listen to anyone, find the real expert then get his opinions #LikeShareFollow
$BTC
#bitcoinetfdaynewsupdate
Introduction to Bitcoin's Recent Price Surge
Bitcoin is making waves again within the cryptocurrency world with its recent charge surge. Investors and enthusiasts are excited to see the virtual foreign money again at the rise after a length of fluctuation.

Factors Driving Bitcoin's Price Increase

There are numerous key factors at the back of Bitcoin's modern day price surge which can be really worth thinking about. From increased institutional interest to marketplace speculation, numerous factors are influencing the cryptocurrency's value.

Increased Institutional Interest

Big gamers in the financial global are beginning to take be aware of Bitcoin, with establishments like Tesla and PayPal embracing the virtual currency. This newfound interest is boosting confidence in Bitcoin's potential as a mainstream asset.

Diversification and Risk Management

Diversifying your funding portfolio beyond Bitcoin and implementing hazard management strategies can assist cushion the effect of market fluctuations and defend your capital in turbulent instances

Long-Term Investment Approaches

Taking an extended-time period view of your investment in Bitcoin can assist journey out brief-term volatility and consciousness on the asset's boom ability over time. Strategic making plans and patience are critical for traders navigating the rollercoaster trip of the crypto market.As Bitcoin continues to raise once more, it stays a dynamic and evolving asset that sparks both excitement and warning in the economic world. Whether it is the institutional interest propelling its fee or the regulatory panorama shaping its future, one aspect is positive - the adventure of Bitcoin's resurgence is full of opportunities and challenges. By staying knowledgeable, navigating risks accurately, and adopting strategic procedures, buyers can function themselves to trip the waves of Bitcoin's volatility and doubtlessly reap the rewards of its ongoing .....

Disclaimer: dont listen to anyone, find the real expert then get his opinions

#LikeShareFollow
🚨------BREAKING NEWS------🚨 ☢️ US Spot Bitcoin ETFs See Biggest Single-Day #OUTFLOW In 90 Days ☢️ 📉 On August 2, the 12 spot BTC ETFs in the United States recorded their largest single-day outflow since May 1. 📝 According to data from #SoSoValue , the total outflow amounted to $237.45 million, marking the highest level since the $563.77 million outflow on May 1 and the fourth highest single-day outflow since the spot #BitcoinETFs were introduced in January. 🔴This significant outflow may indicate a shift in investor #Sentiments or a reaction to recent market events #bitcoinetfdaynewsupdate
🚨------BREAKING NEWS------🚨

☢️ US Spot Bitcoin ETFs See Biggest Single-Day #OUTFLOW In 90 Days ☢️

📉 On August 2, the 12 spot BTC ETFs in the United States recorded their largest single-day outflow since May 1.

📝 According to data from #SoSoValue , the total outflow amounted to $237.45 million, marking the highest level since the $563.77 million outflow on May 1 and the fourth highest single-day outflow since the spot #BitcoinETFs were introduced in January.

🔴This significant outflow may indicate a shift in investor #Sentiments or a reaction to recent market events
#bitcoinetfdaynewsupdate
Bitcoin Bears Driven by Fear, Not Fundamentals, Predict $40K Drop #BTC☀ #bitcoinetfdaynewsupdate #BTC500K #BinanceSquareFamily #BinanceAppHomepage Samson Mow, CEO of Bitcoin technology firm Jan3, argues that predictions of Bitcoin falling to $40K are based on "self-induced fear" rather than technical fundamentals. Mow suggests Bitcoin could just as easily reach $100K, citing macroeconomic factors like the $3 billion daily interest the U.S. government pays on its debt and increasing corporate Bitcoin reserves. He believes fear-driven markets are temporary, with fundamentals ultimately prevailing. Despite current extreme fear in the market, Bitcoin remains at $53,824, with the Crypto Fear & Greed Index at a score of 23. Analysts warn of a potential drop below $50K soon.
Bitcoin Bears Driven by Fear, Not Fundamentals, Predict $40K Drop

#BTC☀ #bitcoinetfdaynewsupdate #BTC500K
#BinanceSquareFamily #BinanceAppHomepage

Samson Mow, CEO of Bitcoin technology firm Jan3, argues that predictions of Bitcoin falling to $40K are based on "self-induced fear" rather than technical fundamentals.

Mow suggests Bitcoin could just as easily reach $100K, citing macroeconomic factors like the $3 billion daily interest the U.S. government pays on its debt and increasing corporate Bitcoin reserves. He believes fear-driven markets are temporary, with fundamentals ultimately prevailing.

Despite current extreme fear in the market, Bitcoin remains at $53,824, with the Crypto Fear & Greed Index at a score of 23. Analysts warn of a potential drop below $50K soon.
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