#BTC Update

Bitcoin is looking bearish on 4h chart due to the rejection from resistance line.

Also huge amount of bitcoin inflow to exchanges in last 24hrs.

In the short term we can expect 10-20% correction once this trendline is broken.

📊 https://www.tradingview.com/x/haJRLr6g/

🚨Unusual Exchange Inflows in last 24hrs🚨

1. Gemini 18,969 BTC

2. Coinbase Pro 46 BTC

3. Bitstamp 18,961 BTC

Inflow signifies intention to sell on exchanges.

Major DeFi projects are under attack 👨‍💻

#BTC as expected bitcoin dropped by almost $5000.

📊 https://www.tradingview.com/x/i0zdX725/

#BTC Update...

As predicted Market hits our zone and dropped almost +7000$ right on our key cycle date.

Looking for lower price points to enter.

📊https://www.tradingview.com/x/GTJKKDft/

🔹Oxygen IDO starts in under an hour on Bonfida platform.

$OXY listing on FTX comes right after it.

Start: 20:00 - 22:00 SGT time (12 - 14 UTC)

https://bonfida.com/dex/#/ido

VIPs got details about OXY (Oxygen) IEO on 2nd of march 🔥

IEO Price : $ 0.125

Today Hits : $9

Congratulations for 72x Return 🚀

Our market buy strategy worked!

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Getting lot of msgs from you guys...

Do not invest in OXY now if you are not going to hold for mid/long term.

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Vip : @Last_Satoshi

#TRB_USDT Hits $51 ✅ from our $40 entry 🚀

📊 https://www.tradingview.com/x/Su91BcBN/

Binance
#APPC/BTC Take-Profit target 4 ✅
Profit: 29.9435% 📈
Period: 21 Hours 8 Minutes ⏰

#BTC $57k is important level for bitcoin.

As long as it is below $57k chances of dump are higher if daily candle close above $57k then we might see some small recovery.

Our Mid term targets are still same $45k - $38k.

📊 https://www.tradingview.com/x/DgTxCTpz/

➡️ APPCBTC | Binance

❇️ Buy: 0.00000177 - 0.00000172

☑️ Target 1: 0.00000182
☑️ Target 2: 0.00000189
☑️ Target 3: 0.00000204
☑️ Target 4: 0.00000230
☑️ Target 5: 0.00000265

⛔ Stoploss: 0.00000162

Binance
#APPC/BTC All take-profit targets achieved 😎
Profit: 49.7175% 📈
Period: 1 Days 7 Hours 39 Minutes ⏰

BTC & USD Inflow Analysis :

I think $BTC would take some time to get another leg up in terms of demand/supply.

1/ Too many $BTC holdings in USD compare to stablecoin holdings on spot exchanges.

2/ BTC market cap is too big to get another leg up by leveraging stablecoin market cap solely.

3/ No significant USD spot inflows - Neutral coinbase premium, and negative GBTC, QBTC premium

#Grayscale have just officially announced 5 new investment products:

• Basic Attention Token $BAT
• Chainlink $LINK
• Decentraland $MANA
• Filecoin $FIL
• Livepeer $LPT

https://twitter.com/Sonnenshein/status/1372170914549338114?s=20

🔔MORGAN STANLEY BECOMES THE FIRST BIG U.S. BANK TO OFFER ITS WEALTHY CLIENTS ACCESS TO BITCOIN FUNDS- CNBC

🔔Chinese Meitu makes another crypto investment. $50M ($28.4 million worth of ETH and $21.6 million worth of BTC)

#DXY Dollar Index

Reason for pump on bitcoin is sudden drop in Dollar index.

📊 https://tradingview.com/x/y6cKvBCQ/

#BTC Update

$57k is important level for bitcoin.

If bitcoin fails to hold it then we will see another sell off.

📊https://www.tradingview.com/x/Cbv5Ba4v/

#BTC vs #DXY

Not just tweets influence the price of bitcoin.

Bitcoin vs Dollar Index.

📊 https://www.tradingview.com/x/MfAreP6p/