CryptoBDHub Warns of a Reversal
The Bull Score indicator plummeted this week from the bullish zone and the 80 mark to a bearish 30:
➖ Short-term holders’ profits are shrinking
➖ Demand for cryptocurrencies is weak
➖ The market has shifted into risk-off mode
It’s gone up enough already
#CryptoBDHub #Crypto #Bitcoin #Altcoins
CryptoBDHub Warns of a Reversal
The Bull Score indicator plummeted this week from the bullish zone and the 80 mark to a bearish 30:
➖ Short-term holders’ profits are shrinking
➖ Demand for cryptocurrencies is weak
➖ The market has shifted into risk-off mode
It’s gone up enough already
#CryptoBDHub #Crypto #Bitcoin #Altcoins
🚨 BTC is back above $78K.
The latest move higher comes as NVIDIA’s CEO shares bullish comments, while the Fed’s rate hike appears to have been largely priced in by the market.
But there’s another side to watch 👀
BlackRock reportedly moved around $153.8M in BTC and $131.7M in ETH to Coinbase, potentially adding selling pressure.
For now, the market is still developing. No rush to call the next move.
#CryptoBDHub #Crypto #Bitcoin #Altcoins
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