BitcoinLong
BTCUSD
High timeframe recap of bear market events and triggers during the reaccumulation period
we can see clearly that the usdc repeg and blackrock etf application broke the downtrend period after the Silicon Valley bank contagion scare
The etf rumour phase when mulitple other etf applications were being filed and pressure was building on the SEC to provide proof of their securities claims on crypto companies
Notably coinbase inclusion made them look abit stupid due to it already being publicly traded
This started the vertical accumulation/ impulsive moves
After the sell the news event, nothing has happened or could?
High liquidity inflows from companies potentially yet to realize btcs only flaw is there isnt that much of it... so the price is already starting to react..
Going to compare this chart to eth for its own etf rumour phase..
we can see clearly that the usdc repeg and blackrock etf application broke the downtrend period after the Silicon Valley bank contagion scare
The etf rumour phase when mulitple other etf applications were being filed and pressure was building on the SEC to provide proof of their securities claims on crypto companies
Notably coinbase inclusion made them look abit stupid due to it already being publicly traded
This started the vertical accumulation/ impulsive moves
After the sell the news event, nothing has happened or could?
High liquidity inflows from companies potentially yet to realize btcs only flaw is there isnt that much of it... so the price is already starting to react..
Going to compare this chart to eth for its own etf rumour phase..
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