Today’s Nuggets
Bitcoin Flips from Bearish?
Hong Kong ETF Opening to Mainland China?
JPMorgan and Wells Fargo Disclosed Bitcoin Exposure
Bitcoin Becomes a First Mover Advantage
AltSeason Off the Floor?
Apple Propels RNDR
Explanation of Telsa’s CyberCab Gambit
0.99% Financing on Model Y!
Australia’s Biggest Bank Bans Cash?
Consumer Sentiment Index Tanks!
Crypto Market Cap Update:
The global crypto market cap is $2.26 trillion. I will discuss the crypto market cap and why it is crucial, alongside my price predictions.
The price of Bitcoin is $61,000.
The Crypto Fear & Greed Index is currently Neutral at 53, falling from 68 this week.
RNDR in dark green +38% (will discuss this later)
BNB = +4%
ETH = -3%
In dollar terms:
RNDR, BNB, and TON are notably up this week
BTC = -3%
SOL = -0.5%
ETH = -5.63%
Good news! According to swissblock, there appears to be potential for the market to target back to the all-time high level of $73K.
Last week's price action formed a hammer candlestick, a bullish technical sign.
Additionally, the recent influx of capital into the BTC market via ETFs has contributed to the positive sentiment. There has been a shift from the bearish quadrant to the neutral in the past weeks as the price recovers.
Per this metric, we are
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