The price of Bitcoin (BTC) continues to rise with the high inflation that sees mitigation

Written by James Van Stin (all times and others unless otherwise mentioned)

Bitcoin (BTC) continues to climb the anxiety wall, and pay more consumer and Product price Inflation reports in the past two days. This is a surprise. With high prices and the possibility of low rates of federal reserve rate, you expect risky investments such as cryptocurrencies, at least.

The booming behavior may be supported by signs that inflation is still seen as eating in the coming months.

Andrei Dragosh, head of European research in Petoys, said: “Bitcoin is likely to get some of the short -term relief that is governed by the inflation index in the United States of the United States with the frequency through the inflation that indicates a significant decrease in inflation in the headlines in the coming months,” said André Dragosh, Head of European Research in Petois. the The inflation index in the United States Currently appears 2.06 %, indicating a possible decrease.

Dragosh also pointed to the cautious federal reserve position, indicating that the central bank fully realizes what happened in the 1970s, when three waves of inflation reached 6.2 %, 12 % and 15 %.

“The federal reserve is afraid of inflation scenario in the 1970s, which is why it requires a more cautious approach at the present time and is afraid to reduce rates very strongly,” he said.

All this means that the bitcoin bull market is Outside of completion If the historical trends are steadfast. Take a look at the moving average for 200 weeks (a period of nearly four years!). This is currently about $ 44,200, less than the peak of the previous market of $ 69,000 from November 2021. In the past, the average has risen towards the previous record, a step that means that price growth is more prices on cards.

Also keep in mind that their short -term holders 1.5 million bitcoin accumulated Since September, the continuous demand from investors who tend to maintain BTC for less than 155 days has shown.

On the public company front, Coinbase Robinhood followed with strong profits and Gamestop thinks Bitcoin investment, another potential incentive for the market. Stay on alert!

What do you see?

• Checks:
• Macro
  • February 14, 8:30 am: The American Statistical Office launches retail sales data in January.
    • Retail sales Mom Est. -0.1 % against the previous. 0.4 %
    • Yoy Prev. 3.9 %
  • February 18, 10:20 am: Mary C. Dali, President and CEO of San Francisco, Ts. Livestream link.
  • February 19, 2:00 pm: The Federal Reserve Points for the FOMC meeting on January 28-29.
• Profits
  • February 18: Coinshares International (CS), Before the market
  • February 18: Seemler Scientific (SmlrAfter the market
  • February 20: Bloc (Xyz), After the market, $ 0.88
  • February 26: Mara Holdings (Mara), $ -0.13

Symbolic events

• Governance and call vote
• to open
  • February 14: Starknet (STRK) to open 2.48 % of $ 15.19 million in offer.
  • February 15: SEI (SEI) to open 1.25 % of $ 13.46 million trading offer.
  • February 16: Irbia (ARB) to open 2.13 % of the trading offer of $ 46.2 million.
  • February 16: Avalanche (Avax) to open 0.4 % of the trading offer of $ 43.55 million.
  • February 21: Fast code (FTN) to open 4.66 % of $ 78.8 million trading offer.
  • February 28: Optimism (OP) to open 2.32 % of the trading offer of $ 36.67 million.
• Launching the distinctive symbol
  • February 14: Penguins (Penguins) Listed in CoinbaseAccording to joint participation by the Pudgy Penguins account.

Conferences:

Coindsk consensus in occurrence Hong Kong on February 18-20 In Toronto from 14 to 16 May. Use today’s code and save 15 % on passes.

Distinguished symbol speech

Written by Francisco Rodriguez

The founder of Binance and former CEO ChangPeng Zhao was talking about the city. After revealing that he got a pet and bombed him with requests for information, SurrenderMemecoins will be launched.

Zhao shared a photo of himself with the Belgian Malinois called BROCCOLI in a long post that inspired Mimikoen. These symbols, trading under the broccoli index, first appeared BNB and Solana chain.

Some have witnessed a significant increase in prices after offering the market covers of more than one billion dollars with the rush of traders. The noise also faded, and so did the prices. Wealth has been made and sold on cauliflower.

One merchant, for example, spent less than $ 1,000 to Create a distinctive symbol code Inspired by the dog and started selling symbols after just two minutes. The trader was able to get $ 6.5 million at all, such as Danny Nelson mentioned from QIDISIC.

The volatility of the BNB price itself, is now 6.6 % less in the past 24 hours while bitcoin and ether are both slightly. The Pancakeswap cake, which rose more than 70 % per week, decreased by 18 % in the same period.

Elsewhere, the Trump -backed Protocol continued to accumulate symbols, bought about $ 5 million of bitcoin wrapped (WBTC) and $ 1.4 million of movement (Move).

Locate the location of the derivatives

• The permanent financing rates of XRP remain a bit negative, indicating the existence of a prejudice of short strains despite the increase in prices by 10 %. If prices continue to rise, these short pants may be thrown into the towel, and their stakes profit, adding to an upward price step.
• LTC, XLM and DOGE have seen the net purchase pressure in permanent future contracts, according to the open cumulative size Delta that was modified by DELTA by VELO data.
• BTC CME FUTERES is still lower than ETH.
• The flows on Deribit are explicit time in the calls outside the money and the spread of the bull call. In ETH, a summons option was offered in the 3300 dollar strike at the end of the march, according to Amberdata.

Market movements:

• BTC increased by 0.57 % from 4 pm East to 97,093.36 dollars (24 hours: +0.96 %)
• ETH rose 1.39 % at $ 2706.09 (24 hours: +1.13 %)
• Coindesk 20 increases by 3.70 % to 3,324.03 (24 hours: +3.85 %)
• Ether Cesr savings rate rises 1 bit per second to 3.06 %
• BTC financing is 0.0035 % (3.8632 % annual) on Binance

• DXY decreased 0.32 % in 106.97
• Gold rises by 1.17 % at $ 2,960/ounces
• Silver rises 4.32 % to $ 34.06/ounces
• Nikkei 225 closed -0.79 % in 39,149.43
• Hang Seng +3.69 % closed at 22,620.33
• FTSE fell 0.26 % in 8,741.88
• Euro Stoxx 50 has not changed at 5,501.78
• Djia was closed on Thursday +0.77 % in 44,711.43
• S & P 500 closed +1.04 % in 6,115.07
• Nasdak closed +1.5 % in 19,945.64
• Closed S&P F/TSX Complex +0.53 % at 25,698.5
• S & P 40 America America closed +0.69 % at 2,438.53
• The treasury rate in the United States decreased for 10 years by 7 bits by 4.53 %
• E-MINI S & P 500 futures decreased by 0.1 % to 6,129.25
• E-MINI NASDAQ-100 did not change at 22,107
• The E-MINI Dow Jones Industrial Indust Index has decreased to 44,686

Bitcoin Statistics:

• BTC dominance: 60.58 (-0.63 %)
• ETHEREUM ratio to Bitcoin: 0.02783 (0.47 %)
• Retail (seven -day moving average): 818 eH/s
• Hashprice (Stain): $ 54.1
• Total fees: 5.67 BTC / 546,770 dollars
• CME FUTERES Open benefit: 167,750
• BTC at gold price: 33.0 ounces
• BTC market roof against Gold: 9.37 %

Technical analysis

• XRP bounced on Ichimoku’s cloud support, which kept the broader upward expectations.
• Prices seem to resist the descending trend line, which is likely to have a transition for highlands registration.
• The potential step below the cloud will indicate a change in the declining direction.

Encryption

• Microstrategy (MSTR): closed on Thursday at 324.92 dollars (-0.58 %), an increase of 0.6 % at $ 327.03 in the market before the market.
• Coinbase Global (COIN): Closed at $ 298.11 (8.44 %), a decrease of 1 % to $ 295.12.
• Galaxy Digital Holdings (GLXY): Closed at $ 28.37 Canadian dollars (+5.58 %)
• Mara Holdings (MARA): Closed at $ 16.91 (+4.13 %), an increase of 0.65 % at $ 17.02
• Riot platforms (RIOT): closed at $ 12.23 (+9.59 %), an increase of 0.1 % at $ 12.24.
• Core Scientific (Corz): Closed at $ 12.54 (+3.72 %), a decrease of 0.32 % to $ 12.50.
• Cleanspark (CLSK): Closed at $ 10.67 (+1.43 %), an increase of 0.66 % at $ 10.74.
• Coinshares Valkyrie Bitcoin Miners Etf (WGMI): Closed at 23.28 dollars (+2.42 %), a decrease of 1.12 % to $ 23.02.
• Semler Scientific (SMLR): Closed at $ 49.45 (+3.69 %), an increase of 1.86 % at $ 50.37.
• Exit (exit) movement: closed at $ 50.00 (+2.35 %), a decrease of 3.34 % to $ 48.33.

Etf flows

BTC Etfs Stain:

• Daily net flow: -156.8 million dollars
• Cutting net flow: 40.05 billion dollars
• Total BTC Holdings ~ 1.171 million.

ETH ETFS spot

• Daily net flow: 12.8 million dollars
• Cutting net flow: $ 3.14 billion
• Total Eth Holdings ~ 3.777 million.

source: Farside investors

It flows overnight

Today’s scheme

• The graph offers returns on treasury notes for 10 years and two years.
• The return has decreased for 10 years by 27 basis points in four weeks, while the return decreased for two years 10 basis points.
• The alleged bull flattening for the cabinet yield is a positive sign of the origins of the risk, For all observers.

While you sleep

In the ether