Bitcoiner (@bitcoinerturu) 's Twitter Profile
Bitcoiner

@bitcoinerturu

#Bitcoin Crypto & finance updates from Turu. Get news, analysis, educational content, on-chain insights, and economic updates. Stay informed and ahead.

ID: 1742215362270109696

linkhttps://www.youtube.com/@bitcoinerturu/videos calendar_today02-01-2024 16:08:32

563 Tweet

1,1K Followers

682 Following

Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

The short-term outlook in the #Bitcoin spot market continues to look bleak. Binance remains slightly seller-neutral, but there is selling pressure from Coinbase. We can't feel at ease until we see buying activity from Coinbase. The funding rate is at low levels, so there's no

The short-term outlook in the #Bitcoin spot market continues to look bleak. Binance remains slightly seller-neutral, but there is selling pressure from Coinbase. We can't feel at ease until we see buying activity from Coinbase. The funding rate is at low levels, so there's no
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

Yesterday, there was an additional outflow of $211.1 million from #BitcoinETFs. Fidelity saw an outflow of $149.5 million, while Grayscale experienced a $23.2 million outflow. BlackRock, on the other hand, remained neutral. #Bitcoin #Crypto #HODL

Yesterday, there was an additional outflow of $211.1 million from #BitcoinETFs. Fidelity saw an outflow of $149.5 million, while Grayscale experienced a $23.2 million outflow. BlackRock, on the other hand, remained neutral.
#Bitcoin #Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

Interest in #EthereumETFs remains low, with a daily outflow of $0.2 million. The only activity was observed on Grayscale's side. #Ethereum #Crypto #HODL

Interest in #EthereumETFs remains low, with a daily outflow of $0.2 million. The only activity was observed on Grayscale's side.
#Ethereum #Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

When we analyzed Binance's spot order book, we noticed that many large orders were placed between $55,800 and $56,000 before the drop, and as the price fell, they accumulated #Bitcoin. We need to hold the $55,000 level because breaking it would require significant selling

When we analyzed Binance's spot order book, we noticed that many large orders were placed between $55,800 and $56,000 before the drop, and as the price fell, they accumulated #Bitcoin. We need to hold the $55,000 level because breaking it would require significant selling
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

Spot selling continues in the #Bitcoin spot market on both Coinbase and Binance. The Binance side isn't that significant, but we need to see spot buying from Coinbase. The only positive sign is that the funding rate remains low. #Crypto #HODL

Spot selling continues in the #Bitcoin spot market on both Coinbase and Binance. The Binance side isn't that significant, but we need to see spot buying from Coinbase. The only positive sign is that the funding rate remains low.
#Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

Today, two important data points will be released: Nonfarm Payrolls and the Unemployment Rate. The best outcome for the markets would be if Nonfarm Payrolls come in higher than expected and the Unemployment Rate remains at the expected level. Since interest rate cuts are about to

Today, two important data points will be released: Nonfarm Payrolls and the Unemployment Rate. The best outcome for the markets would be if Nonfarm Payrolls come in higher than expected and the Unemployment Rate remains at the expected level. Since interest rate cuts are about to
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

The Average Hourly Earnings MoM data increasing above expectations is quite positive. Although Nonfarm Payrolls came in below expectations, there's a notable improvement compared to last month. The Unemployment Rate came in at the expected level of 4.2%, but since it decreased

The Average Hourly Earnings MoM data increasing above expectations is quite positive. Although Nonfarm Payrolls came in below expectations, there's a notable improvement compared to last month. The Unemployment Rate came in at the expected level of 4.2%, but since it decreased
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

#Fed/Williams: - Monetary policy could shift to a more neutral stance depending on the data - Fed policy has been effective in re-establishing price stability - The labor market is in better balance and is not the main source of inflation #StockMarket #Bitcoin #Crypto

Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

#Fed/Williams: - It's highly likely that the U.S. GDP will grow by 2.5% this year - I expect inflation to be close to 2% next year - Despite the increase, the unemployment rate is still low - I expect inflation to be 2.25% this year #StockMarket #Bitcoin #Crypto

Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

Mr. President #Trump's lead over Communist #KamalaHarris has widened to 8%. As we get closer to the election, we're approaching the real outcome. Legendary days are ahead for the markets and the future of the U.S.🚀 #Election2024 #MAGA #Trump2024 #Bitcoin #StockMarket

Mr. President #Trump's lead over Communist #KamalaHarris  has widened to 8%. As we get closer to the election, we're approaching the real outcome. Legendary days are ahead for the markets and the future of the U.S.🚀
#Election2024 #MAGA #Trump2024 #Bitcoin #StockMarket
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

The #Bitcoin spot market seems to be stabilizing with this recent dip. It appears that Coinbase has resumed buying, which is the first thing we wanted. However, continuity is key. Before this dip, they had also started buying again, but ended up selling more than they bought

The #Bitcoin spot market seems to be stabilizing with this recent dip. It appears that Coinbase has resumed buying, which is the first thing we wanted. However, continuity is key. Before this dip, they had also started buying again, but ended up selling more than they bought
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

In the Binance futures order book, there are many large long orders placed below the current price. This could indicate that we are near a bottom, so here's a warning! On the other hand, there are only significant short orders around the $55,000 level above the current price.

In the Binance futures order book, there are many large long orders placed below the current price. This could indicate that we are near a bottom, so here's a warning! On the other hand, there are only significant short orders around the $55,000 level above the current price.
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

In the Binance spot order book, there are large buy orders every $1,000 between $53,000 and $48,000. On the sell side, there are significant sell orders at the $56,000, $57,500, and $60,500 levels. #Bitcoin #Crypto #HODL

In the Binance spot order book, there are large buy orders every $1,000 between $53,000 and $48,000. On the sell side, there are significant sell orders at the $56,000, $57,500, and $60,500 levels.
#Bitcoin #Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

In the Binance #BTC/USDT pair liquidation map, a deep long liquidation has occurred on the 24-hour chart, but the amount of shorts above the current price has significantly accumulated. Hey, market makers, where are you!? #Bitcoin #Crypto #HODL

In the Binance #BTC/USDT pair liquidation map, a deep long liquidation has occurred on the 24-hour chart, but the amount of shorts above the current price has significantly accumulated. Hey, market makers, where are you!?
#Bitcoin #Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

There has been significant volume in #BitcoinETFs. While it’s concerning that BlackRock's side has surpassed $900 million, it’s possible that ETF investors are taking advantage of this dip and buying. #Bitcoin #Crypto #HODL

There has been significant volume in #BitcoinETFs. While it’s concerning that BlackRock's side has surpassed $900 million, it’s possible that ETF investors are taking advantage of this dip and buying.
#Bitcoin #Crypto #HODL
Bitcoiner (@bitcoinerturu) 's Twitter Profile Photo

There’s no issue in the #Bitcoin spot market; the buys we're hoping to see are coming from Coinbase. Of course, we want them to continue buying. On the other hand, Binance continues with its usual selling. The reason for the deepening dip is that as the price dropped, more long

There’s no issue in the #Bitcoin spot market; the buys we're hoping to see are coming from Coinbase. Of course, we want them to continue buying. On the other hand, Binance continues with its usual selling. The reason for the deepening dip is that as the price dropped, more long