09 Feb: Blow Off Top?!

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Top Performing Assets (24 Hours): $BTC 5.67% | $SOL 4.18% | $ETH 3.57% 


It's Frriiddaayyy Folks! Bitcoin is trading up at $47,372 and has just exploded since yesterday; as this the blow off top for this run? The news continues to be weak to be honest but there really isn't much going on except the price.  


Yesterday, it appears that Bakkt was going bust.(6) Today, once the journalist wake up they will be talking about this run $BTC has taken in the past couple of hours. 

Bitcoin nearly hit $48,000 on Friday morning to nearly double in price over the past year; ANALyst predict $50K this weekend. Crucial Bitcoin statement issued by Samson Mow: 'Supply will never meet demand.' The Group of Nine spot bitcoin ETFs have accumulated 200,000 $BTC in less than one month of trading.

Ether call options concentrate at $4,000 for June expiry on Deribit. Despite the recent network outage, SOL pushed through the $105 mark, while its ecosystem is peaking at nearly $1.8B.


Bitcoin shorts should brace to ‘get squeezed’ as BTC price eyes $50K. New York Attorney General triples estimated size of alleged fraud in case against DCG.(3)

Ethereum cofounder Vitalik Buterin has introduced an innovative solution to combat the rising threat of deepfake technology.


Ethereum network strength, macroeconomic factors back ETH’s rally to $2.5K. Standard Chartered: Looking forward, Kendrick estimates there will be a net inflow of $50 billion to $100 billion into spot ETF funds this year; potentially pushing the Bitcoin price to $100,000 by the end of 2024 and $200,000 by the end of 2025.



Podcast of the Day: #1308 Travis Kling | Bitcoin Saves The World From Speculation | TPP

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I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.

The Crypto Curator
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