Morgan Stanley’s Bitcoin ETF push a ‘death wish,’ says…..

Morgan Stanley’s Bitcoin ETF push a ‘death wish,’ says former SEC official Morgan Stanley, the largest wealth manager in the United States, could face intense compliance scrutiny after allowing its entire team of financial advisers to start pitching spot Bitcoin exchange-traded funds (ETFs), warns crypto skeptic John Reed Stark, a former US Securities and Exchange Commission official. 👉 Read morennForwarded from: CointelegraphnnForwarded from Telegram. NFA! DYOR!

“Four years ago today, MicroStrategy adopted #Bitcoin as its…..

“Four years ago today, MicroStrategy adopted #Bitcoin as its primary treasury reserve asset; since then $MSTR has outperformed 499 of 500 stocks in the S&P 500.” By Michael Saylor 🤝 @Cryptocurrency_Inside ✅nnForwarded from: Crypto | Bitcoin | Ethereum | Altcoin | NewsnnForwarded from Telegram. NFA! DYOR!

The recent price surge has also been a welcome relief for Bi…..

The recent price surge has also been a welcome relief for Bitcoin Short-Term Holders (STHs), a proxy for new demand and recent buyers. This cohort saw over 90% of their supply fall into a loss in late July, putting them into a financially stressful position. This rally has now broken back above the STH cost basis and returned 75% of their held supply to an unrealized profit. This can be seen within the STH-MVRV metric, which has now recovered above the break-even level of 1.0.nnForwarded from: Trading Crypto Guide ™nnForwarded from Telegram. NFA! DYOR!

#LPT/USDT ANALYSIS LPT is rebounding from the h…..

#LPT/USDT ANALYSIS LPT is rebounding from the horizontal demand zone of the descending triangle. The 21-day moving average is acting as resistance, while the 200-day moving average is showing bullish strength. We need to wait for a solid breakout or breakdown to confirm LPT’s next move.nnForwarded from: The Crypto ExpressnnForwarded from Telegram. NFA! DYOR!

#US DOLLAR ANALYSIS The US dollar is presently …..

#US DOLLAR ANALYSIS The US dollar is presently consolidating within a symmetrical triangle pattern. The Ichimoku cloud serves as a resistance within this triangle. A breakdown of this pattern could signal a strong downward trend for the US dollar, whereas a breakout might indicate a bullish trend. We need to wait for a definitive breakout or breakdown of the triangle to confirm the dollar’s next direction. It’s important to note that the US dollar often exhibits an inverse relationship with the crypto market.nnForwarded from: The Crypto ExpressnnForwarded from Telegram. NFA! DYOR!

#Bitcoin – What’s Next? The big Sunday report, all you need…..

#Bitcoin – What’s Next? The big Sunday report, all you need to know: 🚩 TA/LCA/Psychological Analysis: Last week was pure fun, despite the crash, some peoples fear became others euphoria. It was a great day to buy more and shake out the weak hands. BlackRock and Fidelity didn’t sell at all, no they even added more. ETF in and outflows are solid and healthy. No greedy or scared behaviour from ETF buyer side. The whales added up a mind-blowing 400,000 BTC in just 30 days. That’s 2% of the entire supply. And they didn’t hesitate during the Monday drop. They even added most on Monday! You can clearly see that the “Smart money” has not panic sold, but rather panic bought. More than happy that Doc community was one of those who panic bought! The market is still in the box, in the same range it’s been stuck in all year. And let me make this crystal clear: the bottom of this range is a BUY zone. Every dip below the box is a golden opportunity, and you’ve seen how fast those wicks get filled. My accumulation orders are placed at the bottom and just below. At 50k I told you BTC would hit 58-60k, and guess what? It nailed those targets few days later, while everyone else panicked on Monday, I made my moves public—and bought. We sniped $BNB at $396, now up 30%; ONDO at $0.55, now up 50%, BTC itself, now up 28% and many other coins that are in big two digit profit already. Few. So what’s next? The EMA50 and MA200 daily are standing as resistance, but if they think they can hold us back, they’re mistaken. Even if there’s a POSSIBLE brief pullback to 54-55k, it’s just another wick to flush out the weak hands. That’s exactly where my long orders are waiting if market allows this to happen. But make no mistake, the real target is the diagonal resistance between 69-70k. We’re heading there, Iam holding strong! . Anyone doubting the box has already learned their lesson the hard way. Panic sellers got played, tricked and massacred in their shorts and now sitting on stablecoins fearing that markets will skyrocket from here. I repeat it again: The fear is on the side of the stablecoin holder, not on investors side. The person that holds the cash right now sits in fear missing out, the person that sits on his BTC knows exactly that higher is the next target. In terms of calendar this week, things are about to get wild. Tuesday brings the PPI data, and Wednesday the CPI numbers—these are going to bring massive volatility to the market and set the stage for the incoming rate cut. My bet is: inflation data is going to come in better than expected, giving the September FOMC meeting all the ammo it needs to start cutting rates. Thanks for reading. Forwarded from: 𝐃𝐫.𝐏𝐫𝐨𝐟𝐢𝐭 – 𝐕𝐈𝐏 🌹 Forwarded from Telegram. NFA! DYOR!