The Orbit Indicator: a reliable trigger over the past 12 months.Posts with 'sell', 'top', 'ponzi', 'tether' or 'pray for you' have regularly frontrun upward moves of 3,5 and 7%.
This fundamental shift in investors’ engagement is set to revive the dominance of bitcoin ETFs in the market. When the ETFs first launched, most of the money came from retail investors, which means everyday people, including some very wealthy individuals who invested $100 million or more. However, Mitchnick explained that over time, the type of investors has been changing. Every quarter, fewer retail investors are holding the ETFs, and more institutional investors and wealth advisory clients are getting involved. He said that these bigger, professional investors take longer to decide to invest, so it’s not a quick change; it’s a gradual shift. In simple terms, Bitcoin ETFs are seeing a lot of new investment again, but now it’s more from big organizations and financial advisors rather than individual people.
I wonder why the price is pumping. Tether just printed another $4B in the last 10 days, but that's probably just a coincidence.
Price is pumping because Bitcoin is now officially bullish. The retail market as usual don't recognize this, they'll be late as like they always are. Bitcoin trend up from here, take this as gospel truths - amen. Next resistance level ~100,250