BTCUSDT Friendly reminder. We are into Week#8 of BTC halving cycle. Historically Week#7 and Week#8 are correctives weeks of Price discovery phase after hitting ATH. Plan the trades keeping broader picture in mind. Doesn’t matter if you short/long as long as you make profits. Good luck 🍀
BTCUSDT As i posted yesterday, it broke out of this trading channel 1H TF and bounced back from support at 93600ish level. This may be a short term bounce back as a weekly candle has closed bearish below the 5 week uptrend trendline.
BTCUSDT Bitcoin spot ETF had a net inflow of US$449 million from December 16 to December 20 last week, and BlackRock ETF IBIT had a weekly net inflow of US$1.45 billion