ππ #BTC Heat Macro Phase has dropped into the Bottom / Accumulation zone, indicating a decrease in speculative pressure.
In a bull market, such values coincide with periods of position accumulation before the next growth phase. To realize a rally, volatility needs to decrease and there should be no negative triggers in the world for a week.
In a bull market, such values coincide with periods of position accumulation before the next growth phase. To realize a rally, volatility needs to decrease and there should be no negative triggers in the world for a week.
πΊπΈβ‘οΈ #macro USA:
- Consumer inflation (CPI; Sep):
- m/m: 0.3% (prog: 0.3%; pre: 0.4%)
- y/y: 3.0% (prog: 2.9%; pre: 2.9%);
- Core (CPI) (y/y): 3.0% (prog: 3.1%; pre: 3.1%);
US inflation rises to 3%, lower than expectations
- Consumer inflation (CPI; Sep):
- m/m: 0.3% (prog: 0.3%; pre: 0.4%)
- y/y: 3.0% (prog: 2.9%; pre: 2.9%);
- Core (CPI) (y/y): 3.0% (prog: 3.1%; pre: 3.1%);
US inflation rises to 3%, lower than expectations
πΊπΈπ #macro US (Oct; Prev):
- S&P Composite PMI: 54.8 (pre: 53.9);
- S&P Manufacturing PMI: 52.2 (pre: 52);
- S&P Services PMI: 55.2 (pre: 54.2)
- S&P Composite PMI: 54.8 (pre: 53.9);
- S&P Manufacturing PMI: 52.2 (pre: 52);
- S&P Services PMI: 55.2 (pre: 54.2)
ππ #BTC Glassnode: A hallmark of bull markets is a low Relative Unrealized Loss, typically <5%. This metric tracks the USD loss of all coins currently underwater, normalized by market cap.
The current bull market has held this structure since November 2023, making it more persistent than the equivalent phases in the last two cycles.
The current bull market has held this structure since November 2023, making it more persistent than the equivalent phases in the last two cycles.
π΅ #BTC Elon Musk's SpaceX transfers another $130 million Bitcoin. 2nd transfer in 3 days.
ππ€ #BTC is trading well below its fair value implied by #ETF flows.
At around $108K, Bitcoin sits roughly 10% under the modelβs expected price of $120K. Thatβs a strong deviation which points to sentiment, not structural weakness, driving the pullback.
That leaves plenty of upside once confidence returns.
At around $108K, Bitcoin sits roughly 10% under the modelβs expected price of $120K. Thatβs a strong deviation which points to sentiment, not structural weakness, driving the pullback.
That leaves plenty of upside once confidence returns.
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πββ #BTC Rumble to launch Bitcoin & crypto tipping feature for its 51 million users.
ππ #BTC Santiment: Retailers are pessimistic on crypto heading into the weekend. Comparing cryptocurrency discussions on social media containing:
π¦"lower" or "below"
π₯"higher" or "above"
the pattern implies a price rise price is more probable because the crowd is a contrarian signal.
π¦"lower" or "below"
π₯"higher" or "above"
the pattern implies a price rise price is more probable because the crowd is a contrarian signal.
