Bitcoin price finds buyers at the 91 thousand dollar limit due to the Vanguard effect, and the weekly sentiment will become clear depending on the size of today’s ETF inflows. Major markets such as ADA Coin, which is facing excessive selling cryptocurrency Its units continue the day with an increase of over 10%. Those who target 50 thousand dollars for BTC are sad for now.
Cryptocurrencies Hit the Bottom
Analysts who say that the rise has ended according to historical data are rightfully proud of the declines experienced in the last 7-8 weeks. For investors, this pride is painful. But if we are talking about historical data, we should also see the Velocity RSI signal of OnChainMind analyst named Tamka.
“On the 3-day chart Velocity RSIreached its lowest value since the bottom of the last 3 bear markets.
This is one of the most reliable and widely followed indicators of momentum exhaustion, and is currently showing a level we only see in major cyclical resets. “An interesting technical signal worth paying attention to.”
At the end of the 2018 bear markets, in 2022 and at the point we reached today, the indicator tells us that the decline is now over. No one sees the future, and historical data has no obligation to repeat. However, investors who only focus on the parts of historical data that indicate a continuation of the decline should see this too.
Trump’s Statements
US President Donald Trump was making statements at the time of writing and BTC Even though it is above $90 thousand, it is not heading towards the $93 thousand resistance for now. ETF flow figures will be available in the coming hours, and if Vanguard has shown the expected impact on inflows, this means we may see further rises at the Asian market open.
Trump said he will announce who the Fed President will be at the beginning of 2026. This is disappointing because US officials had previously said we might find out before Christmas. Powell will leave in May, but he could also do Trump a favor and leave office early cryptocurrencies It would be great for.
“New fed Its chairman will be announced early next year. Even Dimon says Powell should lower rates.
Bessent doesn’t want the Fed job. Something will happen in healthcare, it will not be easy. “We will refund the tariffs.”
Nothing much new. It has already been announced that 2 thousand dollars will be paid to citizens in need from tariff revenues until the middle of next year. It’s even nice that Trump doesn’t make ridiculous statements that will drag BTC down, so you should be happy.
