DOGS
#DOGS
about to short this one...

BTC
#BTC☀️
about to short this one...

thank you grayscale all your sales had made me won a lot on shorts , thank you grayscale thank you please keep selling as much as you can , please DONT STOP
$BTC $ETH $SOL

you guys better take profit from here cause tomorrow is Monday and grayscale Will continue with the big sales.....TAKE PROFIT NOW and tomorrow open a few shorts $BTC $BTC

The 1st big leg was the ETF,s approoved in jan but dont forget that we are still waiting for the new ATH that has notting to do with ETFs but it will happen get ready for the next big leg up
$BTC $BTC $BTC

$BTC
Bitcoin Falls to $64K as Large GBTC Outflows on Grayscale Continue

US-listed Bitcoin spot ETFs are set for their first week of negative net flows since late January.

Bitcoin fell below $63,000 at the start of the US session on Friday amid a Crypto sell-off.

“It will take some time” for Bitcoin to recover to $73,000, Galaxy CEO Mike Novogratz said at Bitcoin Investor Day in London.

ETF inflows will return once the GBTC sale is completed due to favorable macroeconomic conditions, Coinbase analysts said.

Volatility in Crypto continued on Friday, with Bitcoin (BTC) falling below $63,000 at one point from the $67,000 area just hours earlier. A modest rally since then has taken the price back to the current $64,000, down 3.7% in the last 24 hours.

It has been more than a week when BTC dropped sharply from its new all-time high price of over $73,000 and Crypto entered a corrective period. While Wednesday's strong 10% Rally thanks to a dovish Federal Reserve promised a QUICK recovery, price developments since then suggest otherwise.

"[It will be] some time before we take out that $73,000 again," Mike Novogratz, CEO of digital asset investment company Galaxy Digital, said during a panel discussion at Bitcoin Investor Day in New York on Friday morning.

The weak price action comes as US-listed Bitcoin spot ETFs have suffered what are now four consecutive days of negative net flows. To be sure, almost all funds continue to see inflows, but each day this week, they have not been enough to offset the massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC recorded outflows of $359 million, generating $94 million in outflows for the entire fund group. Fidelity's Wise Origin Bitcoin Fund (FBTC) saw the lowest daily inflow in its history, data compiled by BitMEX Research shows.

So far this week, spot ETFs have seen outflows of more than $830 million and are on track to endure their second negative week since late January, when BTC corrected to $39,000.

Once sales are completed, inflows to ETFs rebound favorable conditions

BRICS: Central Banks Preparing for US Dollar Collapse

$BTC

Over the last year, the gold market has seen immense interest from the global market as countries have sought to stockpile the asset. For many, this has been perceived as a hedge against the prominent currency within international trade and attempts to diversify holdings. Yet, amid BRICS de-dollarization, financial expert Peter Schiff says Central Banks are preparing for a US dollar collapse.

In a post to X (formerly Twitter,) Schiff explained the increase in foreign central banks’ gold acquisition strategies. Moreover, those efforts have been driven by China, which has remained the dominating party in the physical gold market. The continued purchase of the metal, and local currency promotion, could seal the US Dollars fate.

Peter Schiff Says Central Banks Gold Acquisition is Preparing for the Worst

Throughout the last year, the BRICS economic alliance has not been shy regarding its de-dollarization push. Leaders from the bloc have spoken about the necessity for greater diversification within internationally prevalent currencies. However, they have opted to integrate initiatives that promote local currencies, and even develop their own.

One way that these countries have begun to diversify their asset holdings is through gold. Although that diversification is undoubtedly a part of it, it is not the sole reason. Amid these BRICS activities, Peter Schiff has warned that central banks are preparing for the US Dollar collapse with gold.

“Foreign Central Banks aren’t just buying [gold] to hedge against political risk,” Schiff said in a post. “They’re trying to get out in front of a major decline in the dollar’s value and a potential sovereign debt crisis. It’s US investors who don’t understand the rise, which is why they’re not buying.”

The US debt has surpassed $34 trillion. Subsequently, the exposure of differing assets with value is the only real move to make for countries that are at risk of being too dollar-dependent.

this next "porro" of -W E E D- is dedicated to BTC and its crazy behavour in the Last 2 days..... peace,have a good night all of you $BTC

ETF VanEck Ethereum
This next sunday is the deadline for SEC in order to aprove the Ethereum VanEck ETF
SEC Is unable by the moment to approve this, BTC is considered not a security , this is crucial for any ETF of any token at the future
ETH price can drop to 2700 or less so stay safe
Be aware next sunday if this is not approve you will have to close and wait for eth price gets stable for the next days...$ETH $BTC

$BTC This leg up could be a bulltrap, this pump is a reaction to feds meeting results dont forget that grayscale keeps selling and it will for the next 12-14 days or so....stay safe

Grayscale Will continuing selling BTC for the next 14 days....so get ready for a big correction. Yesterday grayscale had their biggest btc withdrawall....and it will continue liike this for 14 more days $BTC