CryptoRaven

$BTC doesn’t have enough liquidity on both sides in the longer timeframe, that’s why it’s just ranging. On the downside there’s no real reason for it to go below $61k, and the same applies to $67k on the upside.
From my point of view Bitcoin may drop first to take that $5 billion worth of liquidity, then head higher.

$BTC Fear & Greed Index is now in “FEAR”!
Still has room to go lower… but first we need to break that $62k support.

🚨BREAKING: Strategy just sold another 1,690 $BTC for $108.6M. Holdings now sitting at ~840k.

Memes are pumping hard right now, especially the ones in the $BNB ecosystem. $TUT exploded after the Aster perp listing and a few others are making some serious moves too.
Keep your eyes open.👀

Spot Bitcoin ETFs just recorded their strongest weekly inflows since April, bringing in around $750 million+. It turned out to be a pretty solid week for $BTC overall.

🔥 Just In: The US unemployment rate dropped to 4.1%, lower than what was forecasted.
This is good news and it’s time for $BTC to go up.

🚨BREAKING: Michael Saylor’s Strategy just sold 1,638 $BTC for $104.7 million.
Proceeds went to preferred dividends + STRC buybacks. Cash reserve now sits at $4 billion.

The probability of a Fed interest rate hike is rising, and we are already seeing that effect play out on $BTC 🚨
Still, this is good news for anyone interested in buying low.

🚨BREAKING: Michael Saylor’s Strategy has authorized the sale of $5 billion in $BTC after the company reported an $8.2 billion loss in the second quarter.

🚨BREAKING: Someone stole about $38 million in $BTC after hacking 500 “Coldcard” hardware wallets.
If you generated a seed on a Mk3 after firmware 4.0.1, your funds may be at risk. Check out this now!

🚨BREAKING: BitMart will shut down its crypto exchange after 9 years of operation. $BMX token crashed by more than 60% after that news!

Pretty boring price action from $BTC over the weekend, just as expected. 🥱
Bitcoin’s next move depends on the Fed rate decision. The probability stays the same as before for the 3.50 to 3.75 BPS range. Still, there is a 34% chance of a rate hike. If we somehow get that rate hike, we head straight into our capitulation phase. If not, there is still a chance we push higher until the first week of August.

$DEXE just crashed over 75% in the last few hours! 🚨
The funny part is it still has a $1B+ market cap. We could easily see it drop even lower. Check Funding fee before short!

The Altcoin Season Index is still showing that we are right in the middle. If $BTC can hold around the $65k region, we could see a solid upside move on some selected altcoins.
Just keep in mind that we still have one more leg down left🚨

More than $427,300,000 worth of crypto positions were liquidated in the last 24 hours!🚨
The main reason behind this is that Congress is holding a hearing to discuss the Crypto Clarity Act 🇺🇸

$BTC hit $65k today! It was a pretty easy trade because yesterday's core inflation data came out positive. That's why an upside move was expected!
We have another event today with Fed Chair Kevin Warsh's testimony. Bitcoin's next move will depend on that.
🔔 14:00 UTC

🇺🇸 Core inflation and CPI data will be released at 12:30 UTC. Make sure you follow along because $BTC will react to this 👀

BREAKING: 🇯🇵 SBI, a big Japanese financial company, has partnered with $SOL for tokenization, RWAs and stablecoin payments🔥