🇺🇸📈 According to Standard Chartered Bank, the election of Donald Trump will be positive for $BTC and the overall cryptomarket. #CryptoMarket #Election2024 🚀📊

📉🔄 $GBTC saw a 420 $BTC outflow yesterday. Check out the chart of Grayscale's Bitcoin holdings. #GBTC #BitcoinOutflow 📊📉

📈💼 Susquehanna International, a $430B fund manager, now holds over $1.2B in the Bitcoin Spot ETF spread across 10 ETFs. #BitcoinETF #Investing 🚀📊

JUST IN: 🇦🇷 Argentina's largest electricity producer to mine #Bitcoin , powered by stranded gas and 1,200 bitcoin mining machines. 👀

BITCOIN PRICE DROPS!! twitter.com/i/broadcasts/1…

Wormhole has experienced large amounts of volume between Solana and the SUI network - mainly transferring $ETH back and forth. 🤔

AI tokens and memecoins have proved to still be the dominant and best performing sectors in crypto for this current state of the cycle.

ICYMI: FTX forecasts that the total value of property collected, converted to cash and available for distribution to creditors in their bankruptcy case will be between $14.5 - $16.3 billion. 👀

For $BTC to remain bullish we can bounce at the 0.382 - 0.5 fib level, where we can most likely grab the liquidity zone at $67,500. If we make a deeper correction the 0.618 and 0.786 needs to hold. We could then see upwards momentum for $BTC, claiming $67,500 and possibly higher.

We have over a billion dollars in long liquidations below $62k for $BTC. The price is very close and might sweep that liquidity shortly and possibly recover after that, as we have a larger amount of liquidity above $65k and $67k respectively.

$RNDR is pushing higher although momentum on $BTC is slow. 🤔

When $BTC moves higher this token could potentially surge. ⚡️

What are you thoughts? 👇

The Bitcoin Volatility Index has been cooling off during this sideways consolidation, which is needed for continuation. In addition, we are nowhere near 2021 bull market levels.

ICYMI: 🇺🇸 $438 billion asset manager, Susquehanna, discloses a $1.3 billion #Bitcoin ETF portfolio.

This last move up on the $DXY was a 3 wave corrective move after seeing an impulsive 5 wave move to the downside. The next move could potentially be a continuation of the impulsive downtrend.

The $BTC sub cycles suggests that there will be a short-term pullback within this larger cycle.

We are currently seeing the post reclaim range retest, like we saw during the ETF approval crash, i.e.

Drop, Deviation, Reclaim, Consolidation then Move Up.

We should also keep track of the Daily Ichimoku Cloud.