The dangerous bitcoin price “suppress” adds

Bitcoin and Crypto prices were flat over the past week While merchants await an “important” advertisement from the US administration.

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Bitcoin price was suspended less than $ 100,000 per Bitcoin coin after it was closely shook the level that was closely watched in the wake of Trump’s victory in the elections (Even when the giant Goldman Sacks in Wall Street reveals that she is betting on Bitcoin).

now, While Tesla, billionaire Elon Musk, raises questions about the American Gold ReserveSamson MW’s executive company, Bitcoin, warned of “price suppression” as Bitcoin is close to the so -called “Death Cross”.

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ForbesBitcoin fixes this.by Billy Pambro

“If you look at the price movement, we reach its climax, then we remain fixed and cut sideways. It is a good thing, you can say that it is monotheism, but it seems very made,” MOW, CEO of Bitcoin Wallet Jan3 and the founder of Pixelmatic who worked to adopt bitcoin. In El Salvador, those present from the Hong Kong Corto Conference, was I mentioned by Cointelegraph.

“It seems that it is a kind of price repression,” added, as the technical bitcoin price analysis points In order to violate the so-called “Death Cross”-reference to a short-term trend line that exceeds a long-term long line, some people can fear a collapse in bitcoin price.

The side procedure for confidence in Bitcoin comes at a time when the Tilaeon Sovereign Resources Fund bought a trillion dollars of $ 436 million from Bitcoin (ETF) in the last quarter of last year, What has been described as adopting a global Bitcoin “race”.

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Forbes“This needs to stop now” – Elon Musk confirms the American Treasury planby Billy Pambro

Blackrock led a campaign to obtain a Bitcoin ETF category approved in the United States until 2023, with a fleet of Bitcoin funds for the first time in January 2024 before it became some of the fastest investment funds circulating in all ages.

Etfs Sot Bitcoin ETFS destroyed $ 100 billion of net assets for the first time in November, led by ISHARES Bitcoin Trust (Ibit), giving those who carry it to Bitcoin approximately 600,000 Bitcoin.

Meanwhile, since our Bitcoin’s Investment Flames have recorded net flows last week for the first time since early January, the Crypto Fear and Greed index, which he watched closely, entered the “Fear”, where it decreased sharply from the November summit.

“This is an indirect sign that even the relative stability of the market inhibits the morale,” said Alex Copesikvich, the chief market analyst at FXPRO.

“And most importantly, in the levels of current feelings and markets, the markets have not yet attracted fishermen of sales and counter -trends.”