CryptoPM
CryptoPM @CryptoPM
#BTC/USDT ANALYSIS

BTC is trading above the ascending trendline and the MA 50 support, which is a key trendline for bulls to defend. MACD crossover is losing bearish momentum. A good volume bounce from here would be a sign of bullish energy back into the market, while a solid breakdown would be the bearish confirmation.

#BTCupdate #Update #CryptoPMYoutube
CryptoPM
CryptoPM @CryptoPM
JUST IN: Global X has re-filed their spot Bitcoin ETF, making 9 active applications at the SEC 👀 🙌

#bitcoin #etf #BTCETF #SpotETF #cryptopmyoutube
CryptoPM
CryptoPM @CryptoPM
1. Bitcoin's price experienced a minor uptick to around $30k before stabilizing near $29.6k in Asian trading hours, amid mixed reactions in the cryptocurrency market.

2. Concerns arose over a potential black swan event in the DeFi lending sector due to issues with Curve finance and AAVE, impacting CRV's price and collateral stability.

3. The excitement around Litecoin's third halving event, which reduces inflation by half, briefly pushed Bitcoin's price up nearly 3%, but optimism faded as both Bitcoin and altcoins faced selling pressure.

4. Crypto-related stocks, including Coinbase, Riot Platforms, and Marathon Digital Holdings, saw mixed performance with fluctuations tied to Bitcoin's price movements, while MicroStrategy continued its Bitcoin purchasing strategy.

#cryptopmyoutube
CryptoPM
CryptoPM @CryptoPM
1. The crypto industry saw excitement as BlackRock, the world's largest asset manager, applied for a Bitcoin ETF, leading to a BTC rally and a similar interest in Ethereum (ETH) futures ETFs.

2. Six ETH futures ETF filings are awaiting approval, including proposals from companies like Bitwise, VanEck, Grayscale, and Roundhill, highlighting a competitive race in the ETH ETF space.

3. Ethereum futures ETFs offer exposure to ETH futures contracts, addressing SEC concerns about market manipulation and investor protection that have hindered spot ETF approval.

4. These ETFs allow financial institutions to tap into Ethereum's potential for growth without directly holding the asset, and while regulatory approval remains uncertain, the focus on futures contracts could make these ETF applications more viable.

#cryptopmyoutube
CryptoPM
CryptoPM @CryptoPM
Hey Guys, Testing #Binance Feed New Feature.
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CryptoPM
CryptoPM @CryptoPM
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CryptoPM
CryptoPM @CryptoPM
My incredible followers, 💖

I am absolutely thrilled to announce that we have reached a significant milestone of 5 million views on my content. Your unwavering support and engagement have been instrumental in achieving this incredible feat. I am profoundly grateful for each and every one of you who has been a part of this journey. Your constant encouragement and enthusiasm continue to inspire me to create meaningful and impactful content. Thank you for being the driving force behind this remarkable achievement. 🥰😍😍💖💖💖

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CryptoPM
CryptoPM @CryptoPM
#BTC/USDT ANALYSIS

BTC reclaimed the horizontal support after doing a deviation. It is trading below the Ichimoku cloud and the descending trendline resistance.

A bounce from the horizontal support and a solid breakout of the descending trendline would be the bullish confirmation, while in case of a sustained breakdown of the horizontal support, a further correction is expected.

#crypto2023 #BTC #bitcoin #btcusdt #cryptopmyoutube
CryptoPM
CryptoPM @CryptoPM
Bitcoin Barely Touches Support

see the chart below to understand what happened when banks collapsed.

#bitcoin #cryptopmyoutube #bitcoinupdate #btcusdt #crypto2023
CryptoPM
CryptoPM @CryptoPM
Bitcoin Barely Touches Support

see the chart below to understand what happened when banks collapsed.

#bitcoin #cryptopmyoutube #bitcoinupdate #btcusdt #crypto2023