Insights & Innovations in Cryptonaire Weekly!

Insights & Innovations in Cryptonaire Weekly!

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Dear , Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline. According to data from Farside Investors, the total outflow for Bitcoin ETFs notched $1.298 billion over the last two trading weeks with Grayscale leading outflows at $517.3 million in the same period. Notably, BlackRock’s Bitcoin ETF has been the only fund to post positive results, raking in $43.1 million worth of inflows over the last two weeks. Bitcoin turned down from the breakdown level of $64,602 on June 23, indicating that the bears are trying to flip the level into resistance. The moving averages have completed a bearish crossover, and the RSI is in the oversold territory, signaling that the bears are firmly in the driver’s seat. The BTC/USDT pair could plunge to solid support at $60,000. This level is expected to attract strong buying by the bulls, but any relief rally is likely to face selling at the 20-day EMA ($65,687). If the price turns down from the 20-day EMA, the possibility of a drop to $56,552 will increase. The first sign of strength will be a break and close above the moving averages. If that happens, the pair could attempt a rally to $70,000 and subsequently to $72,000. Lastly please check out the advancement’s happening in the cryptocurrency world. READ NOW OVER $122M BITCOIN LONGS BITCOIN MINERS HUT 8 LANDS JAPAN'S META PLANET WANTS TO Top Article This Week! STEP BY STEP GUIDE NOW TO MARGIN TRADING EXPLAINED A THE SUPER PHOENIX DAO The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur

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