Attention: Grayscale once again added 55,800 FILs and the cost dropped to $43.16, the second order was placed in 2024, when it entered FIL for the 36th time, and the holding exceeded 272,600 FILs.
Grayscale reinvested in the elephant after a long time. The good news is that for the rise, bitcoin needs to reach its old ATH value again and give confidence to the market. It gave a return signal and the market was relieved.
If the #fil 9.200 9.300 resistance level passes these levels, the way for the rise will be opened at the buy point.
Bitcoin has reached the bottom of the downtrend. It should remain at these levels below 62 thousand, which will shake the confidence of new investors who will enter the market.
$FIL A diamond may come out of it, its top is far from the $236 ATH level in April 2021, it is far below its potential.
Everyone is commenting focusing on the bitcoin chart, what really matters is the total market cap money outflow. We've been EFT bullish and now we're falling.
The Fed interest rate decision will be important and will determine the direction on 20.03.2024.