RogueRig
@roguerig.bsky.social
Crypto Enthusiast and decentralisation maximalist
the recent introduction of Bitcoin ETFs has significantly bolstered demand from institutional investors, acting as a major sink for available supply. These ETFs have already absorbed over $9 billion in BTC, underscoring a strong appetite among institutional participants.
March 3, 2024 at 11:39 AM
the recent introduction of Bitcoin ETFs has significantly bolstered demand from institutional investors, acting as a major sink for available supply. These ETFs have already absorbed over $9 billion in BTC, underscoring a strong appetite among institutional participants.
Bitcoin continues to trade within the triangle pattern, approaching a crucial decision point. The support and resistance levels remain unchanged. Expect sideways movement over the weekend, with potential action unfolding on Monday as the triangle prepares to break.
March 2, 2024 at 7:45 AM
Bitcoin continues to trade within the triangle pattern, approaching a crucial decision point. The support and resistance levels remain unchanged. Expect sideways movement over the weekend, with potential action unfolding on Monday as the triangle prepares to break.
Bitcoin is maintaining the local support around the $50,500 area and has bounced back from there. We still anticipate sideways movement until Monday. It's advisable to avoid using high leverage, and you can consider trading within the range with tight stop-loss orders.
February 24, 2024 at 6:39 AM
Bitcoin is maintaining the local support around the $50,500 area and has bounced back from there. We still anticipate sideways movement until Monday. It's advisable to avoid using high leverage, and you can consider trading within the range with tight stop-loss orders.
There hasn't been any significant change in the market and it continues to move sideways. The support and resistance levels remain unchanged. Expect the same sideways movement in Bitcoin over the weekend.
February 23, 2024 at 6:48 AM
There hasn't been any significant change in the market and it continues to move sideways. The support and resistance levels remain unchanged. Expect the same sideways movement in Bitcoin over the weekend.
Bitcoin's bullish momentum remains intact as long as it maintains above the $50,000 threshold.
February 22, 2024 at 6:22 AM
Bitcoin's bullish momentum remains intact as long as it maintains above the $50,000 threshold.
Historically, similar scenarios have coincided with early stages of bullish market conditions, with 2019 being a potential exception.
February 20, 2024 at 8:03 AM
Historically, similar scenarios have coincided with early stages of bullish market conditions, with 2019 being a potential exception.
Bitcoin has once again surpassed the $52,000 mark. The market appears to be moving sideways, indicating potential volatility upon the opening of the global market.
February 19, 2024 at 7:00 AM
Bitcoin has once again surpassed the $52,000 mark. The market appears to be moving sideways, indicating potential volatility upon the opening of the global market.
If the price breaks below the $50,000 level, we may see some selling in the market.
February 18, 2024 at 6:53 AM
If the price breaks below the $50,000 level, we may see some selling in the market.
The market is still bullish, as long as BTC remains above this level.
February 17, 2024 at 6:21 AM
The market is still bullish, as long as BTC remains above this level.
Bitcoin is trading sideways around $52,000. The overall market is bullish, and altcoins are showing upward movement. The continuation of the upward movement will depend on whether BTC stabilizes above the $50,000 level.
February 16, 2024 at 7:12 AM
Bitcoin is trading sideways around $52,000. The overall market is bullish, and altcoins are showing upward movement. The continuation of the upward movement will depend on whether BTC stabilizes above the $50,000 level.
A market correction could occur at any time, so it's prudent to employ tight stop-loss strategies for all open trades.
February 15, 2024 at 6:24 AM
A market correction could occur at any time, so it's prudent to employ tight stop-loss strategies for all open trades.
Bitcoin faced rejection at the $50,000 level and is currently trading below it. Significant selling pressure is observed at the $50,000 level. We anticipate a test of the local support area before the next significant move.
February 14, 2024 at 6:38 AM
Bitcoin faced rejection at the $50,000 level and is currently trading below it. Significant selling pressure is observed at the $50,000 level. We anticipate a test of the local support area before the next significant move.
However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.
February 13, 2024 at 6:35 AM
However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.
The price needs to maintain its local support, otherwise, there may be a test of the $45,000 area.
Local Support Area: $46,700-$47,200
Local Support Area: $46,700-$47,200
February 12, 2024 at 6:44 AM
The price needs to maintain its local support, otherwise, there may be a test of the $45,000 area.
Local Support Area: $46,700-$47,200
Local Support Area: $46,700-$47,200
According to HODL15Capital, nine spot Bitcoin ETFs have purchased 216,309 Bitcoins (worth $10.3 billion) in the 21 days since their launch, surpassing MicroStrategy’s current holdings of 190,000 Bitcoins.
February 11, 2024 at 8:52 AM
According to HODL15Capital, nine spot Bitcoin ETFs have purchased 216,309 Bitcoins (worth $10.3 billion) in the 21 days since their launch, surpassing MicroStrategy’s current holdings of 190,000 Bitcoins.
It remains to be seen how the price will respond as it approaches this resistance area.
February 11, 2024 at 6:18 AM
It remains to be seen how the price will respond as it approaches this resistance area.
Bitcoin tested the resistance at $48,000 but failed to hold above it. We may see some sideways movement near the resistance area for the next 2-3 days. There is a possibility that the price may drop to $45,000 before the next move.
February 10, 2024 at 6:24 AM
Bitcoin tested the resistance at $48,000 but failed to hold above it. We may see some sideways movement near the resistance area for the next 2-3 days. There is a possibility that the price may drop to $45,000 before the next move.
As the spot Bitcoin ETFs settle into more normal trading, GBTC has lost dominance in volumes. At the start GBTC accounted for over half of daily volumes across ETFs, but now accounts for ~30% and was trumped by IBIT last week
February 8, 2024 at 12:59 PM
As the spot Bitcoin ETFs settle into more normal trading, GBTC has lost dominance in volumes. At the start GBTC accounted for over half of daily volumes across ETFs, but now accounts for ~30% and was trumped by IBIT last week
A successful break above $45,000 could propel the price towards the $48,000-$50,000 range, while a rejection may lead to a decline towards the $40,000-$42,000 support area.
February 8, 2024 at 8:33 AM
A successful break above $45,000 could propel the price towards the $48,000-$50,000 range, while a rejection may lead to a decline towards the $40,000-$42,000 support area.
Since the implementation of EIP-1559 in early August 2021, a total of 3.97M ETH, equivalent to $10.98B, has been burned
February 7, 2024 at 12:27 PM
Since the implementation of EIP-1559 in early August 2021, a total of 3.97M ETH, equivalent to $10.98B, has been burned
📊 Market Overview
$BTC: $42 941
$ETH: $2 328
◦ Market capitalization: $ 1.73T (+0.15%)
◦ The BTC dominance: 48.89% (-0.12%)
◦ Fear & Greed Index: 64 (Greed)
$BTC: $42 941
$ETH: $2 328
◦ Market capitalization: $ 1.73T (+0.15%)
◦ The BTC dominance: 48.89% (-0.12%)
◦ Fear & Greed Index: 64 (Greed)
February 6, 2024 at 9:39 AM
📊 Market Overview
$BTC: $42 941
$ETH: $2 328
◦ Market capitalization: $ 1.73T (+0.15%)
◦ The BTC dominance: 48.89% (-0.12%)
◦ Fear & Greed Index: 64 (Greed)
$BTC: $42 941
$ETH: $2 328
◦ Market capitalization: $ 1.73T (+0.15%)
◦ The BTC dominance: 48.89% (-0.12%)
◦ Fear & Greed Index: 64 (Greed)
Bitcoin experienced a false breakout above the small symmetric triangle, retracing back inside the pattern. We will see a break of this triangle by tomorrow and this will decide the next move. Better to use tight stop loss in all open trades.
February 6, 2024 at 6:44 AM
Bitcoin experienced a false breakout above the small symmetric triangle, retracing back inside the pattern. We will see a break of this triangle by tomorrow and this will decide the next move. Better to use tight stop loss in all open trades.
Over half of new ERC-20 tokens in 2023 showed signs of pump and dump activity. However, these tokens accounted for just 1.3% of all DEX trading volume on Ethereum
February 5, 2024 at 4:19 PM
Over half of new ERC-20 tokens in 2023 showed signs of pump and dump activity. However, these tokens accounted for just 1.3% of all DEX trading volume on Ethereum
- BlackRock's Inverse Bitcoin Trust (IBIT) currently holds 72,466.64 BTC, valued at approximately $3.12 billion.
- Fidelity's Fidelity Bitcoin Trust (FBTC) owns 60,054.87 BTC, estimated to be worth around $2.58 billion.
- Fidelity's Fidelity Bitcoin Trust (FBTC) owns 60,054.87 BTC, estimated to be worth around $2.58 billion.
February 5, 2024 at 11:29 AM
- BlackRock's Inverse Bitcoin Trust (IBIT) currently holds 72,466.64 BTC, valued at approximately $3.12 billion.
- Fidelity's Fidelity Bitcoin Trust (FBTC) owns 60,054.87 BTC, estimated to be worth around $2.58 billion.
- Fidelity's Fidelity Bitcoin Trust (FBTC) owns 60,054.87 BTC, estimated to be worth around $2.58 billion.
📊 Market Overview
$BTC: $43 051
$ETH: $2 317
◦ Market capitalization: $1.72T (+0.38%)
◦ The BTC dominance: 49.00% (+0.12%)
◦ Fear & Greed Index: 60 (Greed)
$BTC: $43 051
$ETH: $2 317
◦ Market capitalization: $1.72T (+0.38%)
◦ The BTC dominance: 49.00% (+0.12%)
◦ Fear & Greed Index: 60 (Greed)
February 5, 2024 at 9:11 AM
📊 Market Overview
$BTC: $43 051
$ETH: $2 317
◦ Market capitalization: $1.72T (+0.38%)
◦ The BTC dominance: 49.00% (+0.12%)
◦ Fear & Greed Index: 60 (Greed)
$BTC: $43 051
$ETH: $2 317
◦ Market capitalization: $1.72T (+0.38%)
◦ The BTC dominance: 49.00% (+0.12%)
◦ Fear & Greed Index: 60 (Greed)