Breaking

Bitcoin ETFs still sit on $53B in net inflows despite recent outflows: Bloomberg CME targets May launch for 24/7 crypto derivatives trading Voltage rolls out USD-settled Bitcoin Lightning credit line for businesses Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.371 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion

Trading View May 27, 2022

Descending triangle despite pos Onchain

Descending triangle despite pos Onchain

Descending triangle despite pos Onchain

Bitcoin / TetherUS BINANCE:BTCUSDT

MJShahsavar

Despite the positive Onchain metrics such as a Decrease of Bitcoin inflows to exchanges in the last 24 hours, a decrease in exchanges reserve, reduce in CDD , and Dominant long sentiment in the Funding Rate metric, Bitcoin seems to be forming a descending triangle , which is usually associated with a breakdown

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