Diversitas

1/4

Morning update:

Bitcoin is again trading above our trackline while the Coinbase Premium remains positive👌As expected, we did not spend much time below the trackline💪$BTC

2/4

Furthermore, it printed the first positive MACD in 50+ days and has broken above the 65+ day RSI downtrend. The trend is shifting and things are looking good. Since RSI and MACD are very popular indicators, many institutions are likely looking at them when it comes to their trading setups and decision-making. In other words, we are expecting bigger ETF inflows over the coming days🤔$BTC

3/4

Funding rates remain low, showing no signs of hype or euphoria✅

4/4

Overall, the market saw a nice reset and is ready for the next leg up. It looks like the coming weeks should be fun. Altcoins are also looking good and should soon bounce from the lows. Some already started to print nice gains while others are still in the accumulation range👀

Have a great start of the week and we will be back with you tomorrow🙌

6/6

Lastly, US M2 Money Supply started to increase. The money printer is about to go brrr and this is likely the most important macro thing you should be looking at👀

Have a great weekend and we will be back with you on Monday🙌

P.S. We are testing some changes within the company so from now on, expect morning updates to be posted around 8 AM UTC 🕤 And sorry for the wrong order of the posts today🤦‍♂️