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'Old hands selling out' metric shows Bitcoin price at risk of HODLers dumping
By Joseph Young
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Formerly Twitter
Cointelegraph
Cointelegraph
🚨 @Grayscale’s #Bitcoin ETF sees a rapid reversal with $66.9M inflows nullified by outflows within just two days. pic.twitter.com/Q8eQba8z26
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Cointelegraph
Cointelegraph
Altcoins are gearing up for a potential bull run, but what’s the forecast? According to Nansen’s principal research analyst, it all starts with #Bitcoin.
Let’s take a look. 🧵 pic.twitter.com/gzgdR99Hzi
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Bitcoin Archive
BTC_Archive
~$100 BILLION could flow into #Bitcoin if European regulators make Bitcoin an approved asset that can be included in UCITS.
USA ETFs = $6.5 Trillion market (2023)
UCITS = $12.8 Trillion market
= 1.96x bigger market.
US Bitcoin ETFs = $53 Billion in assets.
UCITS potential…
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Bitcoin Archive
BTC_Archive
Bitcoin sitting just under the 50 Day moving average.
Mega-bullish when it breaks above 50DMA in a bull market.
Consolidation in a bull market is... 👌 pic.twitter.com/ATL2jlXC7f
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