Biyond Vanguard Indicator is super bearish today, with just

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Biyond Vanguard Indicator is super bearish today, with just 3-day the final shoe to drop in terms of the board turning almost all Red. (But not the weekly).

Biyond Vanguard Indicator is super bearish today, with just 3-day the final shoe to drop in terms of the board turning almost all Red. (But not the weekly). 

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📉 Bitcoin falls to new weekly low on consumer sentiment drop and rising inflation. Negative ETF flows add pressure ahead of inflation report. Buy liquidity weak at $60K, bids at $58K. Heat map hints at $52K drop. Elliot Wave suggests potential bottom. Better buying next week? #etfflows #ElliottWaveTheory

📈 Bitcoin rebounds on US labor market data. ETF flows negative. $66K potential trap zone. Short-term NUPL negative, indicating fear. Vanguard Red on daily, Long Vs Short favors Longs. Waiting for bullish signs for signals. Stay tuned for updates. 📈💡 #NUPL #bitcoinupdate2024

📉 Bitcoin retreats on negative ETF flows & Fed's low-rate stance for inflation. Testing lower before upward move. $60-61K crucial; potential turning point. Inverted head and shoulders pattern emerging. Biyond Vanguard signals caution. Long Vs Short ratio favors Longs. Hoping $60K holds for quick recovery to $67K, eyeing $90K ATH. 📉💡#etfflows #CryptoAnalysisUpdate

📉 #Bitcoin❗️ faces slight negative bias after failing to surpass $65,000, dropping post-#Robinhood Crypto's SEC notice. Closure of #CMEGap occurred amid SEC's lawsuit uncertainty. Bulls find solace in setting new highs post-April. $63K test crucial; reversal could form textbook pattern targeting $73K. Swissblock's BFI suggests market bottom; Biyond's Long Vs Short ratio hints at short-term downturn. $60K pivotal for potential final dip. 📉💰

#BiyondDaily - Looking Bullish ⤵️ 1️⃣Bitcoin rises following a worse-than-expected U.S. jobs report, increasing the likelihood of a rate cut. 2️⃣Market sentiment and Bitcoin prices are influenced by movements in the bond market, particularly the dip in the 10-year bond. 3️⃣The SEC announces a delay in its decision on the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF until June 2024. 4️⃣Considering the recent developments, it may be a good time to consider buying Bitcoin, possibly on a retest of the $60,000 area next week. 5️⃣The $59,000 to $58,000 region is crucial; if it holds after an initial test and breach, it could indicate a bottom. 6️⃣A large negative bias and short trap could be building based on the Long Vs Short ratio. 7️⃣A daily candle consistently closing below $58,000 could invalidate the bullish scenario, while surpassing $65,000 could pave the way for a move towards $100,000. #marketanalysis #ETF✅ #tradingStrategy #carboncredits

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