Chop Chop Chop
Market Intelligence Analysis
AI-PoweredThe US government reopening has failed to boost the market, with Bitcoin stuck in a rangebound pattern and unable to surpass the $105k level. Outflows from BTC ETFs have added pressure on the cryptocurrency, while low volume suggests market participants are waiting for a clear direction.
Market impact analysis based on bearish sentiment with 75% confidence.
Article Context
Even with the US government reopening, markets have gone nowhere this week. Bitcoin is quite rangebound and has failed to get back over the $105k level since Sunday. Yesterday, BTC ETF’s saw outflows of $278m, putting more pressure on BTC. Volume remains subdued, with market participants waiting to see a clear sign in direction. Funding ... Chop Chop Chop
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