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JUST IN: Jefferies analyst urges “cautious with Bitcoin at current price levels.” Cites ETF outflows and weak BTC trading volumes.

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Bitcoin Archive

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JUST IN - Fundstrat's Tom Lee on live TV: If the spot #Bitcoin ETF gets approved, the clearing price of #BTC is $150,000 to $180,000.
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🚨 BITCOIN AND SOFTWARE STOCKS HAVE MOVED AS TWINS SINCE 2021. $IGV (software ETF) just broke to new highs. Bitcoin? Down 3.73% on the week, sitting at $70.8K. The correlation didn't weaken. It completely snapped. $BTC looks extremely weak.
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🚨 BITCOIN AND SOFTWARE STOCKS HAVE MOVED AS TWINS SINCE 2021. $IGV (software ETF) just broke to new highs. Bitcoin? Down 3.73% on the week, sitting at $70.8K. The correlation didn't weaken. It completely snapped. $BTC looks extremely weak.

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This is a video sharing my thoughts on #bitcoin, and the levels I am interested in trading long and short. (My computer crashed at the 10 minute mark for about 30 seconds, so the video freezes, but works after that). $BTC
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