Bitcoin-BTC set around $ 107,911 yesterday, a drop of 1.10% with negotiation volumes of $ 46.17 billion. As the birthday holiday date (the death of American soldiers’ wars), attention was attached to the liquidity shortage and the possibility of starting the price of Bitcoin at $ 115,000.
Continuous investments of Bitcoin FNB reflect the renewal of institutional trust
The FNB of Pitcoin ETF are immediate negotiation funds on the stock market have experienced a net net investment during the period from May 17 to 23, a total of $ 2.75 billion, which was a double of approximately 4.5 times compared to the previous week, according to the Website of Wacky investors; The Ishares Bitcoin Trust (IBIT) – affiliated with BlackRock – tweeted out of the squadron by recording net investments for eight consecutive days.
Support for Correglass data has also revealed the increase in immediate negotiation activities via platforms; On May 23, the data represented in red and green showed the Binance platform for immediate negotiation activities after receiving net investments at a value of $ 19.87 million in an hour, while Bipit, OKX, Karaken, Bitstamp platforms received less investment.
On the other hand, immediate negotiation sizes have confirmed the domination of the Bennes platform with a total of $ 92.84 million, followed by the Bybit platform of $ 42.71 million.
Main points:
- Investments received to locate FNB Bitcoin: $ 2.75 billion during the period between May 17 and 23; With a total investment of $ 5.39 billion in the same month.
- Investments received in immediate commercial markets: The bins platform was issued by $ 19.87 million and Betastamb worth $ 1.91 million.
- Trading sizes via platforms: The bins platform was issued by $ 92.84 million, followed by Bayt, with a value of $ 42.71 million, followed by OKX at 22.34.
These data complies with the launch of Bitcoin at $ 111,970 on May 22, in an indication of renewed interest between institutions and trading platforms, while reading the index of fear and greed of the index of fear and greed of the crypto, from “excessive greed” to “moderate” approximately 66, reflects a slight decomposition of the general mood.
Technical analysis of bitcoin performance and most important levels until the end of the week
The Two -Hour BTC Graphic Price Scheme Shows Re -Testing The Support Levels After It Declines below the Average Sisii Index with 50 Trading Period, Each of Which is Two Hours Ema50), Which is stable at $ 108.315, in Pressure on the Upward Trend at $ 107,000 Move Within the Stable Fibonacci Correction Levels, the Lowest of which is the Lowest of $ 102.190 and the Highest at $ 111 958, indicating that $ 107,074 represent a main pivot point.
- Support levels: $ 107,074, $ 105,905 and $ 104,289, respectively
- Resistance barriers: $ 108,315 and $ 109,637
- Technical indicators: The descending intersection of the MacD index, the unbeatable commercial candles for the path and the pressure on the steering line.
If the price of Bitcoin decreases to less than $ 107,000, it can continue to decrease to $ 105,905 and maybe $ 104,289. But if he succeeds in penetrating $ 108,315, his positive impetus can recover, targeting $ 109,637 or increases, so that the expectations of the price of bitcoin descend as long as it remains less than $ 107,000, and goes up if he succeeds in jumping it.
Does the scarcity of liquidity cause a strong weekend?
As the long weekend approaches, liquidity can be rare with the gravity of price fluctuations. If Bitcoin Spot ETF continues to receive additional investments and technical indicators have recovered, the BTC price could reach $ 115,000. But if the atmosphere of uncertainty continues and the commercial sizes decrease, we can attend serious fluctuations in both directions.
The fascinating mortgage turnover of 65% draws attention and pays the outcome of the BTCBLL room to approach 7.33 million dollars
Due to the stability of the price of the BTC / USD pair of less than $ 108,000, the attention was paid to promising alternative currencies, the largest of which is currently BTC Bull (BTCBLL), which has managed to collect more than $ 6.37 million out of $ 7.33 million with the next approach.
Bitcoin rewards and reduce supply
BTC Bull works according to a built mechanism; The higher the price of Bitcoin, the more the BTC sales were received by the owners of BTCBull, knowing that the priority is given to the participants in the subscription, because its mechanism includes:
- Facing the BTCBull offer as the BTC price increases by $ 50,000 to reduce the offer.
- BTCBull is currently sold for $ 0.00253 in preparation for the prescribed imminent increase.
This approach allows the consistency of the value of the currency with the start of the BTC price, and the BTCBull is the character of the rarity thanks to the systematic combustion of your diet.
The mortgage mechanism and gain income without problem
The mortgage complex currently includes 1.62 billion BTCBull currencies, which authorizes an annual yield (APY) with an average currently of 65%, but ::
- Without crisis or costs.
- While taking advantage of permanent access to the mortgaged sales if necessary.
This represents an attractive mechanism for investors who seek to obtain an enriching return without complicated requirements or exposure to the risk of rarity of liquidity.
Momentum before achieving the target result
With just over a million dollars only to collect it before the end of the subscription, investors wish to invest early in this promising project thanks to the BTCBLL bonus mechanism associated with the launch of Bitcoin and the successive drop and mortgage approach, which all increase the participation rate.
Main data:
- The result of the HGPHDM subscription: 6,329,314.26 $ on $ 7,332 195
- HGSUV Hgphgd: $ 0.00253
The BTCBUL project provides an exciting annual mortgage of 65% in its mortgage complex on Etheerium (which currently includes 1.61 billion BTCBUL) without stipulating periods of hypothecated sales crisos or causing early withdrawal costs, which means gaining income without problem with liquidity if necessary.
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Does the expectations of Bitcoin prices after a week, does the drop in negotiation sizes cause fluctuations that push it to $ 115,000? APPLERDIRST on Arab Cryptonews.