The DecenTrader Alpha
GM. Bitcoin takes traders by surprise and bounces hard. Bitcoin ETF’s report $302M inflows. CME Group plans to launch Bitcoin spot trading.
Past 24hr performance
What Just Happened
- Major inflows on Spot Bitcoin ETF’s of $302M reported.
- Crypto trader turns $3k into $46M in a month as PEPE soars.
- Banking giants reveal new Bitcoin ETF investments.
- CME Group plans to launch Bitcoin spot trading.
What’s Happening Now
Bitcoin is up 6.52% in the past 24hrs at a current price of $66,330. So far this year Bitcoin is up +56.81%.
Ethereum is up 3.36% in the past 24hrs, bouncing less than Bitcoin and Solana – which is up 12.53%.
Bitcoin Predator Thermal Vision is bullish on medium term timeframes, though the 3-day remains red indicating that the longer-term trend remains bearish for now.
Ethereum Predator Thermal Vision is currently matching Bitcoin, bullish on medium term timeframes, though the 3-day remains red indicating that the longer-term trend remains bearish for now.
Key Sniper Support Levels
Bitcoin price is currently bouncing and approaching Sniper resistance at $68,400.
Below is Sniper support at $60,740 which acted as support for $BTC last week. Below that is strong technical and Sniper support at $51,600.
You can access the Sniper tool here.
What’s Next
Mid-Term Trend Outlook:
3-Day Predator remains red on the latest candle.
You can access Predator here.
Macro Calendar Key Events For The Next Week
- Thurs 16 May: USA: Initial Jobless Claims.
- Fri 17 May: EU: CPI April.
- Tues May 21: USA: Fed Chair Yellen Speaks.
- Wed May 22: USA: FOMC meeting minutes
