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_📮💹👌🏻Bitcoin ETFs Shatter Records: 53% of Gold ETFs' Size in 10 Months! 🚀📊_ $BTC $BNB $SOL 🌏⤴️🪙 {spot}(SOLUSDT) {spot}(BNBUSDT) {spot}(BTCUSDT) The cryptocurrency market has witnessed a remarkable milestone: Bitcoin Exchange-Traded Funds (ETFs) have reached 53% of the size of Gold ETFs in just 10 months. *Unprecedented Growth* - 35 US-based Gold ETFs hold $138 billion - Bitcoin ETFs attract over $70 billion in 2024 alone - Gold ETFs' 20-year head start (launched in 2004) *Institutional Investment Surge* - Bitcoin ETFs' growth outpaces Gold ETFs' - Mainstream recognition of Bitcoin's value - Institutional investors drive adoption *Market Insights* - Increased institutional investment in Bitcoin - Growing recognition of Bitcoin as a store of value - Potential shift in traditional asset allocation *Expert Analysis* "Bitcoin ETFs' growth is unprecedented." "Institutional investors flock to Bitcoin." "Gold and Bitcoin convergence expected." *Bitcoin vs. Gold: A New Era* - Bitcoin's decentralized nature attracts investors - Gold's traditional value faces modern competition - Diversification drives demand for Bitcoin ETFs *Conclusion* Bitcoin ETFs' remarkable growth demonstrates the cryptocurrency's increasing appeal to institutional investors. As mainstream recognition grows, Bitcoin's convergence with traditional assets like Gold is on the horizon. The future of finance is being rewritten. #bitcoinetfdaynewsupdate #cryptoadoption #GoldVsBitcoin #InstitutionalInvestments
_📮💹👌🏻Bitcoin ETFs Shatter Records: 53% of Gold ETFs' Size in 10 Months! 🚀📊_
$BTC $BNB $SOL 🌏⤴️🪙


The cryptocurrency market has witnessed a remarkable milestone: Bitcoin Exchange-Traded Funds (ETFs) have reached 53% of the size of Gold ETFs in just 10 months.

*Unprecedented Growth*

- 35 US-based Gold ETFs hold $138 billion
- Bitcoin ETFs attract over $70 billion in 2024 alone
- Gold ETFs' 20-year head start (launched in 2004)

*Institutional Investment Surge*

- Bitcoin ETFs' growth outpaces Gold ETFs'
- Mainstream recognition of Bitcoin's value
- Institutional investors drive adoption

*Market Insights*

- Increased institutional investment in Bitcoin
- Growing recognition of Bitcoin as a store of value
- Potential shift in traditional asset allocation

*Expert Analysis*

"Bitcoin ETFs' growth is unprecedented."
"Institutional investors flock to Bitcoin."
"Gold and Bitcoin convergence expected."

*Bitcoin vs. Gold: A New Era*

- Bitcoin's decentralized nature attracts investors
- Gold's traditional value faces modern competition
- Diversification drives demand for Bitcoin ETFs

*Conclusion*

Bitcoin ETFs' remarkable growth demonstrates the cryptocurrency's increasing appeal to institutional investors. As mainstream recognition grows, Bitcoin's convergence with traditional assets like Gold is on the horizon. The future of finance is being rewritten.

#bitcoinetfdaynewsupdate #cryptoadoption #GoldVsBitcoin #InstitutionalInvestments
Bitcoin Price Target: BTC Could Hit $70K This Weekend But Dogwifhat & INTL Could Surge 150%As Bitcoin (BTC) flirts with the $70,000 mark, the crypto market is also buzzing with two potential breakout stars: Dogwifhat (WIF) and IntelMarkets (INTL). These underdog altcoins are catching investors’ attention with the possibility of major gains, with WIF and INTL poised for a potential 150% rally. Here’s a closer look at these trends. Read till continue.. Bitcoin (BTC) Nears $70K: Are We on the Verge of a New All-Time High Currently trading at over $67,768 after recently reaching a three-month high close of $69,000, Bitcoin’s (BTC) price surge is still going strong. Santiment reports that within the past two weeks, the number of whale wallets containing 100 or more Bitcoin (BTC) has increased by almost 2%, resulting in the addition of 297 wallets. This accumulation is consistent with a pattern that frequently follows market upswings, in which smaller investors sell out, and larger stakeholders increase their holdings. Mimicking this pattern, a little slowdown among retail traders who may be selling Bitcoin amid recent price fluctuations is seen. The price of Bitcoin (BTC) has frequently increased when big investors expand their holdings and individual traders decrease their exposure. This is a sign of an impending explosive surge for Bitcoin (BTC) Bitcoin price has jumped above the nearly adjacent $67,000 barrier and the 200-day moving average on its daily chart. This surge has raised the possibility that Bitcoin price may soon hit a new all-time high. With a current value of 67, the Relative Strength Index (RSI) indicates moderate buying pressure that has not yet reached overbought levels. It is expected for Bitcoin (BTC) to continue its upward trajectory if it maintains its position above the $68,000 support level. A consistent increase above $69,045 could spur additional gains in the direction of the crucial psychological milestone of $70,000. WIF’s Meteoric Rise – Could This Meme Coin See 150% Gains? Dogwifhat (WIF) has become the third-largest meme coin, following Shiba Inu (SHIB) and Dogecoin (DOGE). Its quick rise is mostly owing to its meme appeal and buzzing Solana ecosystem. As the cryptocurrency market shows indications of a possible bull cycle, investors have taken notice of this memecoin. Lately, Dogwifhat (WIF) has emerged as the best performer this October, up almost 30% in the past 30 days. Its trading volume also increased by 38.86% to $443.19 million, indicating increased activity and interest. With a 24-hour volume-to-market cap ratio of 0.6390, this volume increase is frequently seen as an indication of increasing liquidity. Despite the Fear & Greed Index showing a score of 69, which indicates a “Greed” mood among market players, sentiment for Dogwifhat is now neutral. Analysts predict that if the present trend continues, Dogwifhat (WIF) price may breach the resistance levels of $2.908 and $4.436 and show over 150% gains. From AI Bots to Dual Chains: What Sets IntelMarkets Apart? IntelMarkets (INTL) is a newcomer to the crypto scene which has quickly cemented its position as a top player in the market. This is all due to its innovative offerings and massive profit potential. IntelMarkets is soon launching an AI-powered trading platform that will transform the way of trading for once and ever. They are planning to do so by integrating AI at every level of trading and providing cutting-edge tools and features to power our trading experiences. These features and tools include a dual-chain trading system, up to 1000x leverage, over 100k tradeable assets, an omnichannel processing system, multichannel analysis, and their most amazing Rodeum AI-powered trading robots. These trading robots are trained to read and analyze data from 1000 different sources to generate buying and selling signals which are guaranteed to be almost 99.99% accurate. Setting them further apart, these robots are trained to be self-learning. They tend to learn from your past mistakes and trading behavior, making each trade better than the last one. IntelMarkets’ ongoing presale has made some serious buzz raising almost $1.6M in funding. It is currently in its presale phase 4 and rapidly selling. Each token costs only $0.03 at this stage making it a perfect entry point for you to join this transformative project. Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Here’s What You Need to Know Before investment. #Bitcoin❗ #bitcoinetfdaynewsupdate #BinanceBlockchainWeek #USJoblessClaimsDip

Bitcoin Price Target: BTC Could Hit $70K This Weekend But Dogwifhat & INTL Could Surge 150%

As Bitcoin (BTC) flirts with the $70,000 mark, the crypto market is also buzzing with two potential breakout stars: Dogwifhat (WIF) and IntelMarkets (INTL). These underdog altcoins are catching investors’ attention with the possibility of major gains, with WIF and INTL poised for a potential 150% rally. Here’s a closer look at these trends. Read till continue..

Bitcoin (BTC) Nears $70K: Are We on the Verge of a New All-Time High
Currently trading at over $67,768 after recently reaching a three-month high close of $69,000, Bitcoin’s (BTC) price surge is still going strong. Santiment reports that within the past two weeks, the number of whale wallets containing 100 or more Bitcoin (BTC) has increased by almost 2%, resulting in the addition of 297 wallets.

This accumulation is consistent with a pattern that frequently follows market upswings, in which smaller investors sell out, and larger stakeholders increase their holdings. Mimicking this pattern, a little slowdown among retail traders who may be selling Bitcoin amid recent price fluctuations is seen.

The price of Bitcoin (BTC) has frequently increased when big investors expand their holdings and individual traders decrease their exposure. This is a sign of an impending explosive surge for Bitcoin (BTC)

Bitcoin price has jumped above the nearly adjacent $67,000 barrier and the 200-day moving average on its daily chart. This surge has raised the possibility that Bitcoin price may soon hit a new all-time high. With a current value of 67, the Relative Strength Index (RSI) indicates moderate buying pressure that has not yet reached overbought levels.

It is expected for Bitcoin (BTC) to continue its upward trajectory if it maintains its position above the $68,000 support level. A consistent increase above $69,045 could spur additional gains in the direction of the crucial psychological milestone of $70,000.

WIF’s Meteoric Rise – Could This Meme Coin See 150% Gains?
Dogwifhat (WIF) has become the third-largest meme coin, following Shiba Inu (SHIB) and Dogecoin (DOGE). Its quick rise is mostly owing to its meme appeal and buzzing Solana ecosystem. As the cryptocurrency market shows indications of a possible bull cycle, investors have taken notice of this memecoin.
Lately, Dogwifhat (WIF) has emerged as the best performer this October, up almost 30% in the past 30 days. Its trading volume also increased by 38.86% to $443.19 million, indicating increased activity and interest. With a 24-hour volume-to-market cap ratio of 0.6390, this volume increase is frequently seen as an indication of increasing liquidity.

Despite the Fear & Greed Index showing a score of 69, which indicates a “Greed” mood among market players, sentiment for Dogwifhat is now neutral. Analysts predict that if the present trend continues, Dogwifhat (WIF) price may breach the resistance levels of $2.908 and $4.436 and show over 150% gains.
From AI Bots to Dual Chains: What Sets IntelMarkets Apart?
IntelMarkets (INTL) is a newcomer to the crypto scene which has quickly cemented its position as a top player in the market. This is all due to its innovative offerings and massive profit potential. IntelMarkets is soon launching an AI-powered trading platform that will transform the way of trading for once and ever.

They are planning to do so by integrating AI at every level of trading and providing cutting-edge tools and features to power our trading experiences. These features and tools include a dual-chain trading system, up to 1000x leverage, over 100k tradeable assets, an omnichannel processing system, multichannel analysis, and their most amazing Rodeum AI-powered trading robots.

These trading robots are trained to read and analyze data from 1000 different sources to generate buying and selling signals which are guaranteed to be almost 99.99% accurate. Setting them further apart, these robots are trained to be self-learning. They tend to learn from your past mistakes and trading behavior, making each trade better than the last one.

IntelMarkets’ ongoing presale has made some serious buzz raising almost $1.6M in funding. It is currently in its presale phase 4 and rapidly selling. Each token costs only $0.03 at this stage making it a perfect entry point for you to join this transformative project.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Here’s What You Need to Know Before investment.

#Bitcoin❗ #bitcoinetfdaynewsupdate #BinanceBlockchainWeek #USJoblessClaimsDip
#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.

---------
#Bitcoin❗ #bitcoinnewsupdate #bitcoinetfdaynewsupdate
LIVE
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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
LIVE
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Bearish
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
🚨------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.
Major financial institutions are increasingly making significant investments in the crypto sector. For instance, Norway's central bank, Norges Bank, holds over 1.1 million shares in MicroStrategy, while Goldman Sachs recently revealed in a 13F filing with the SEC that it has invested in a spot Bitcoin ETF. Additionally, Norway's sovereign wealth fund (NBIM) now indirectly owns 2,446 BTC, an increase of 938 BTC since December 31, 2023.Despite skepticism from some quarters, who expect the growth to stall and the trend to reverse, institutional investors continue to expand their portfolios. The big question remains: who will be proven right in the end? 🧐 #Bitcoin❗ #bitcoinetfdaynewsupdate
Major financial institutions are increasingly making significant investments in the crypto sector. For instance, Norway's central bank, Norges Bank, holds over 1.1 million shares in MicroStrategy, while Goldman Sachs recently revealed in a 13F filing with the SEC that it has invested in a spot Bitcoin ETF. Additionally, Norway's sovereign wealth fund (NBIM) now indirectly owns 2,446 BTC, an increase of 938 BTC since December 31, 2023.Despite skepticism from some quarters, who expect the growth to stall and the trend to reverse, institutional investors continue to expand their portfolios. The big question remains: who will be proven right in the end? 🧐

#Bitcoin❗ #bitcoinetfdaynewsupdate
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