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JUST IN: 🇮🇹 Italian bank, Banca Sella now offers #Bitcoin trading service on its banking platform for its 1.2 Million citizens 🤝@Cryptocurrency_Inside✅

💰 PayPal founder and billionaire Peter Thiel says #Bitcoin is so big that society didn't even know how to process it 🤝@Cryptocurrency_Inside✅

#Bitcoin is repeating patterns. It's consolidating for multiple months in a row, through which it's inevitable that a big new impulse will happen in the coming 6-12 months. During these periods, people underestimate how high the markets will likely go. https://x.com/CryptoMichNL/status/1814570949192429953?t=4cbtagQ-LQqS9eRLXCD-LQ&s=19

It's a good week for #Bitcoin. Germany has finished its $3.5B selloff. Mt. Gox already repaid 65% of its creditors. Institutional interest of more than $1B during the week on the ETF. Price has rallied substantially. I think we'll see a new ATH in the next 2-4 months. https://x.com/CryptoMichNL/status/1814351998931874317?t=nWDIl_ojWqjZEfk6T3ccoQ&s=19

This is a great chart and visualizes the current sentiment. The gap between Web 2.0 Institutional interest and Web 3.0 sentiment hasn't been bigger than this. It's the lowest point in years on the demand side. It will turn around for #Bitcoin. This is the time.

#Bitcoin is back in the range. Likely we'll see a continuation from here towards the all-time high. I think we'll consolidate some more and start to see substantial strength coming from ETH after the listing of the ETF. https://x.com/CryptoMichNL/status/1814216105541382272?t=5vptGjcuHZewgM8MMcMttw&s=19

The NVT ratio is an important indicator for #Bitcoin . It hits the lowest, negative number in the past 2.5 years. Worse than the collapse during Luna, or the correction in the Summer of last year, or after the Bitcoin listing. The correction is over, buckle up.

#Bitcoin is nicely consolidating within the four-month range. As long as it stays above $60K, it's very likely going to continue rallying upwards. Gold has been making a new all-time high, Yields are falling. Just a matter of time until Bitcoin picks up.

BlackRock mentioned that #Bitcoin is a hedge against global uncertainty. The yields have continued to fall substantially, through which Gold has made a new ATH. $BTC is lacking behind. Given the lower interest rates, Bitcoin should be at an ATH. Mt. Gox prevented this.

#Bitcoin aims to continue moving upwards. The highest amount of net inflow from the ETF was established (more than $400M) in the last month. Gold making a new ATH. It's going to be a great second half of 2024.

Germany has finished selling their #Bitcoin. Global uncertainty is rising after the assassination attempt on Trump. That's an ideal climate for Bitcoin to go upwards consistently. Ethereum ETF coming this week. It's up only again. https://x.com/CryptoMichNL/status/1812751453011742957?t=OP_ACCHFW9Hep3aQEi1jHg&s=19

#Bitcoin broke above a crucial resistance but needed to break $60K to get some momentum going. CPI data coming in tomorrow, which will be a big market mover for sure.