The United States President D. Trump has signed an executive order to create a long -awaited strategic reserve in Bitcoins. BTC held in the country cannot be sold, and it still represents $ 18 billion in BTC. Will King Kryptos succeed in re -launching himself and find the euphoria of the equivalent of 2021 on the market? Unfortunately, for the time being, the attraction of bitcoins in the fall is, especially in cash. Let’s take a look at the Bulletin 8th March!
Almost no ETF reports since the beginning of February
Items on Bitcoin ETP were present during the introduction at the beginning of 2024 and also at the end of the year (November and December). This request allowed the king of cryptocurrency Find 2021 ATH And even exceed $ 100,000. But for a few weeks, The request is completely missing ::
L ‘Interest in BTC clearly dropped Since the beginning of February. Since February 10th it really existed Only three positive days with a total Less than $ 200 million the items. On the other hand The profits are considerableEspecially 25 and 26 February ($ 1.8 billion in trips). Hope you findbull, ETF will have to find interest.
FALL FALL in volumes on stock exchange platforms since December
The ETF are not very attractive for several weeks and Exchange volumes on stock exchange platforms are evolving down Since December:
The Trace bundles have Climbed between September 2023 and March 2024then between October and December 2024. And during the same periods, the price of bitcoins also proceeded. But Since December the situation has been more complicatedand Directions fall. It’s hard to imagine a BTC over $ 110,000 sausage so low on exchange platforms. The attraction of cryptocurrencies will be returned when we observe the increase in volume at the exchanges.
Bitcoin prices must absolutely get $ 92,000
In a unit of time 3 days, The course is fragile Since the end of January. We see it on the chart below, Sellers have their hands. Movement of the autumn last week caused a Range between $ 92,000 and $ 104,000 ::
Course of course Blocked against Resistance to $ 92,000 and at a level Mobiles 9 and 18 horses. I do not know the blood bath on the crypts with BTC drops to support $ 70,000it will be necessary Return. Part of it RSI is down For several months. So Momentum is more of the advantage of sellers In this unit of time.
Although President Trump has officially created a strategic BTC reserve for the United States, the situation of bitcoins is complicated from a speculative point of view. The course actually lost a level of $ 92,000 and it will take a quick response not to see the BTC around $ 70,000. Interest in BTC and Kryptos is also in free fall and the bull market is stopped.