Mr. Key🇮🇩 ⚡ on Nostr: What happened in Crypto in the last 12h? • According to TA, nearest $BTC support is ...
What happened in Crypto in the last 12h?
• According to TA, nearest $BTC support is around $52K, with strong support at $44K.
• Mt. Gox has transferred 47k BTC to another address.
• The German government is selling 50,000 BTC (10,000 already sold).
Bitcoin recently traded at a discount on Coinbase after the Mt. Gox news and sell-off.
This discount is recovering, showing US investors aren't selling heavily anymore. The gap between Coinbase and Binance prices is closing, which is a positive sign.
$BTC spot premium has declined by about 50%, indicating a spot sell-off driving prices lower.
Published at
2024-07-05 07:49:03Event JSON
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"content": "https://image.nostr.build/71c66136f6661cdacb11a0370d872974901b65d844e3a8ea4466bf78e950ee0c.jpg\n\nWhat happened in Crypto in the last 12h?\n\n• According to TA, nearest $BTC support is around $52K, with strong support at $44K.\n\n• Mt. Gox has transferred 47k BTC to another address.\n\n• The German government is selling 50,000 BTC (10,000 already sold).\n\nBitcoin recently traded at a discount on Coinbase after the Mt. Gox news and sell-off.\n\nThis discount is recovering, showing US investors aren't selling heavily anymore. The gap between Coinbase and Binance prices is closing, which is a positive sign.\n\n$BTC spot premium has declined by about 50%, indicating a spot sell-off driving prices lower. ",
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