BlackRock has just sold the most BTC ever: they dumped BTC worth $523 million, marking the highest single-day fund outflow in IBIT's history.
NVIDIA's Q3 performance exceeded expectations, and its stock price rose by 2%, which temporarily helped the US stock market recover a bit, also giving BTC a rebound expectation.
The BTC daily chart has formed another candlestick with a lower shadow. It should rebound below 97,000, and if there is a rebound that reaches the target, short it, as the bottom is far from being reached.
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BlackRock has just sold the most BTC ever: they dumped BTC worth $523 million, marking the highest single-day fund outflow in IBIT's history.
NVIDIA's Q3 performance exceeded expectations, and its stock price rose by 2%, which temporarily helped the US stock market recover a bit, also giving BTC a rebound expectation.
The BTC daily chart has formed another candlestick with a lower shadow. It should rebound below 97,000, and if there is a rebound that reaches the target, short it, as the bottom is far from being reached.