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$MOVE Just go back to 0.6-0.65, it's hard for those who entered at 0.9 or higher to return, maybe only DCA will help.
In the past, I entered at 0.95 and kept DCA, I just sold and got back to the shore yesterday, that was lucky.
In the past, I entered at 0.95 and kept DCA, I just sold and got back to the shore yesterday, that was lucky.
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Weekly Bitcoin Forecast: BTC Drops Below $95,000 as Spot ETFs See Largest Daily Outflow Since Inception
Bitcoin (BTC) has dropped below $95,000 on Friday, heading for its lowest week since August. This latest market decline was driven by the Fed's strong interest rate cut announcement on Wednesday and the largest daily outflow ($671.90 million) from U.S. spot Bitcoin ETFs on Thursday. Technical indicators suggest the decline will continue down to $90,000.
Initial indicators show institutional demand for Bitcoin is weakening
Bitcoin reached an all-time high of $108,353 on Tuesday but has dropped more than 8% by Thursday. The price fell below $95,000 on Friday.
Institutional demand has weakened this week. Coinglass reported three days with $759.4 million in inflows into the spot Bitcoin Exchange Traded Fund (ETF) until Wednesday, followed by an outflow of $671.90 million on Thursday. This outflow ended a streak of inflows since November 27 and is the largest daily outflow since the launch of Bitcoin's spot ETFs in January.
"If I were a trader and I saw inflows into the ETF start to slow down, I would assume we will see some weakness," said Eric Turner, CEO of Messari, in an exclusive interview with FXStreet.
Turner noted that ETF volume would be significant as ETFs are a new source of capital that helps mitigate Bitcoin's volatility.
Pressure from macro factors is causing Bitcoin to decline further.
#BTC
Bitcoin (BTC) has dropped below $95,000 on Friday, heading for its lowest week since August. This latest market decline was driven by the Fed's strong interest rate cut announcement on Wednesday and the largest daily outflow ($671.90 million) from U.S. spot Bitcoin ETFs on Thursday. Technical indicators suggest the decline will continue down to $90,000.
Initial indicators show institutional demand for Bitcoin is weakening
Bitcoin reached an all-time high of $108,353 on Tuesday but has dropped more than 8% by Thursday. The price fell below $95,000 on Friday.
Institutional demand has weakened this week. Coinglass reported three days with $759.4 million in inflows into the spot Bitcoin Exchange Traded Fund (ETF) until Wednesday, followed by an outflow of $671.90 million on Thursday. This outflow ended a streak of inflows since November 27 and is the largest daily outflow since the launch of Bitcoin's spot ETFs in January.
"If I were a trader and I saw inflows into the ETF start to slow down, I would assume we will see some weakness," said Eric Turner, CEO of Messari, in an exclusive interview with FXStreet.
Turner noted that ETF volume would be significant as ETFs are a new source of capital that helps mitigate Bitcoin's volatility.
Pressure from macro factors is causing Bitcoin to decline further.
#BTC
love
koinmilyoner
--
Bullish
Bitcoin Weekly Forecast: BTC drops below $95,000 as spot ETFs see largest daily outflow since inception
Bitcoin (BTC) fell below $95,000 on Friday, heading for its lowest week since August. This latest market fall was spurred by the Fed's aggressive rate-cut announcement on Wednesday and the greatest single-day outflow ($671.90) from Bitcoin US spot ETFs on Thursday. Technical indicators show the pullback will continue to $90,000.
Early indicators of Bitcoin institutional demand weakening
Bitcoin hit a record high of $108,353 on Tuesday but fell more than 8% till Thursday. It dropped below $95,000 on Friday.
Institutional demand weakened this week. Coinglass reported three days of $759.4 in Bitcoin Spot Exchange Traded Funds (ETF) inflows till Wednesday, then a $671.90 million outflow on Thursday. This outflow ended a string of inflows since November 27 and was the greatest single-day outflow since Bitcoin's spot ETFs launched in January.
“If I'm a trader and I see those ETF inflows start to slow down, I'd say we'll have some weakness,” Messari CEO Eric Turner told FXStreet in an exclusive interview.
Turner said ETF volumes would be noteworthy since ETFs are a fresh source of money that smooths Bitcoin's volatility.
Pressure from macro factors deepens Bitcoin downturn.
After Wednesday's FOMC meeting, the US Federal Reserve (Fed) slashed rates hawkishly, causing bitcoin prices to fall this week. The Fed decreased the federal funds rate to 4.25% to 4.50% as predicted but projected a slowing in rate decreases in 2025, lowering riskier assets like Bitcoin.
According to CoinGlass, nearly $1.68 billion in total liquidations and $371.51 million in BTC occurred after Bitcoin's price fall on Wednesday and Thursday.
Apart from this hawkish prediction, Fed Chair Jerome Powell declared the Fed “is not allowed to own Bitcoin.” Powell said that the Fed cannot acquire Bitcoin and has no plans to change this stance, which hurt the cryptocurrency.
#BTCNextMove #USJoblessClaimsFall #MarketCorrectionBuyOrHODL? #MarketPullback $BTC $ETH $XRP
Bitcoin (BTC) fell below $95,000 on Friday, heading for its lowest week since August. This latest market fall was spurred by the Fed's aggressive rate-cut announcement on Wednesday and the greatest single-day outflow ($671.90) from Bitcoin US spot ETFs on Thursday. Technical indicators show the pullback will continue to $90,000.
Early indicators of Bitcoin institutional demand weakening
Bitcoin hit a record high of $108,353 on Tuesday but fell more than 8% till Thursday. It dropped below $95,000 on Friday.
Institutional demand weakened this week. Coinglass reported three days of $759.4 in Bitcoin Spot Exchange Traded Funds (ETF) inflows till Wednesday, then a $671.90 million outflow on Thursday. This outflow ended a string of inflows since November 27 and was the greatest single-day outflow since Bitcoin's spot ETFs launched in January.
“If I'm a trader and I see those ETF inflows start to slow down, I'd say we'll have some weakness,” Messari CEO Eric Turner told FXStreet in an exclusive interview.
Turner said ETF volumes would be noteworthy since ETFs are a fresh source of money that smooths Bitcoin's volatility.
Pressure from macro factors deepens Bitcoin downturn.
After Wednesday's FOMC meeting, the US Federal Reserve (Fed) slashed rates hawkishly, causing bitcoin prices to fall this week. The Fed decreased the federal funds rate to 4.25% to 4.50% as predicted but projected a slowing in rate decreases in 2025, lowering riskier assets like Bitcoin.
According to CoinGlass, nearly $1.68 billion in total liquidations and $371.51 million in BTC occurred after Bitcoin's price fall on Wednesday and Thursday.
Apart from this hawkish prediction, Fed Chair Jerome Powell declared the Fed “is not allowed to own Bitcoin.” Powell said that the Fed cannot acquire Bitcoin and has no plans to change this stance, which hurt the cryptocurrency.
#BTCNextMove #USJoblessClaimsFall #MarketCorrectionBuyOrHODL? #MarketPullback $BTC $ETH $XRP
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dead
$PEPE If you have bottomed out this morning (no more than 20% of your capital should be invested, and remember not to put all your capital into one stock), please pause and wait. It may drop further to 0.0014xx. If it reaches that price, buy an additional 20%. Keep the remaining capital. It may drop to 0.0011 or further down. If the market goes up, wait for clearer signals. Don't invest too much capital. When the market doesn't follow predictions, you will be very passive.
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Are not
I wonder if $WLD can go down to $1.3 to DCA more
814992399 😭😭 1$ pls, i'm newbie
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