Hey Crypto enthusiasts! Welcome to my Twitter page. If you wanna be future millionaires, hit that follow button now and stay tuned for all the latest updates.t.me/cryptoexpersJoined December 2023
#Bitcoin Some big liquidity clusters in close proximity at $67.5K & $69K.
Good levels to watch for a local liquidity grab.
There's still a big high timeframe cluster above $70K as well. Will be interesting to see if we'll try to take that out.
#Bitcoin Quite a volatile start of the week.
Saw an initial drive up after futures re-opened which took out shorts. After that longs got taken out only for it to reverse again and squeeze shorts.
That's most of the high leverage weekend position traders washed out
Crypto Funding Rates still very low or even into the negative territory (like $TIA).
Generally both long and shorts have been getting punished the past few weeks with some relatively big moves towards both sides.
Good chance that we'll see some disbelief when a trend returns.
BREAKING: The S&P 500 has officially hit a new all time high and is now up 10.7% since the August 5th low.
The S&P 500 is officially up a whopping 19.5% year-to-date.
This is the most resilient market of all time.
#Bitcoin Sitting in the middle of the channel.
In my opinion, the next 5% candle from this point likely determines the next bigger (10%+) move after that as well.
Interesting spot
#Bitcoin Is up +1.5% in September so far.
The current low was set at -11% last week.
Not as bad as people perceived it to be so far. But we're only halfway.
I'm mostly excited for Q4
ETF Flows Overview 📊
$BTC: +$263.2M 🟢
$ETH: +$1.5M 🟢
BTC seeing the biggest one day inflow in several weeks. Ending the week with a bang.
All markets closed bullish this Friday going into FOMC next wednesday. Going to be an interesting week.
BREAKING: The S&P 500 has now added $1.8 TRILLION of market cap over the last week alone.
Nvidia, $NVDA, is up over 15% this week and the S&P 500 is just 1% away from a new all time high.
Is this the most resilient market of all time?
$FET Up nearly 2x from the August lows already.
Thisone has been strong. After making the higher low this week it, looks like it wants to head higher.
Key level is the local high at ~$1.5. If that is broken the market structure on the daily will be flipped to bullish again.
Just 6-7 months ago, Crypto Funding rates were the highest they had been in a long time.
Currently these rates are at their lows and shorts are paying longs. This makes for a good base but will eventually need spot bid to lift it up.
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$BTC liquidation heatmap:
Liquidations showing up at $58.8k.
Personally, after seeing the retrace I wanted in the Asian session and being proven as support... price should head towards this upside area.
We're also filling a 4h long wick to the upside
Interesting development, Fixed income #ETFs only thing taking in cash in Sept so far.. equities and specialty (which incl crypto) is flat. A little risk-off, a little front running rate cuts. Hard to keep equities down for long tho, my guess is this is short lived. We'll see…
#Bitcoin Is now down ~13% in Q3.
This would make for the worst Q3 in 5 years.
It's also the worst quarter in almost 2 years.
Let's see how it ends op closing.
ETF Flows Overview 📊
$BTC: -$170M 🔴
$ETH: -$6M 🔴
Ending the week with more outflows. Primarily BTC saw a ton this week coming in at -$706M in outflows.
That's one of the worst streaks of outflows for the ETFs since inception.
Let's see how we do next week!
ETF Flows Overview 📊
$BTC: -$211.1M 🔴
$ETH: -$0.2M 🔴
Big outflows for Bitcoin continue. ETH came to a standstill.
Some big spot bids have been getting filled the past two days. ETFs are selling into those.
Let's see how we end the week!
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