Bitcoin price has dropped by around $7,000 on Tuesday as markets shake off Easter holiday. BTC RSI is at levels last seen when Bitcoin price was at $41,800. The 200-day EMA remains critical in preventing an extended fall. Bitcoin price suffered a flash crash on Tuesday, liquidating millions in positions across the market. It came as traders came out of a long weekend, which was extended by the Easter holiday.
Weekly ETF Flows Are Positive Again! After last week’s outflows this is very promising to see. Don’t be fooled by the little shakeout, the bigger picture remains the same. 6-figure #Bitcoin is coming soon!!! pic.twitter.com/CoQKTMf7jb — Kyle Chassé April 2, 2024 Elsewhere, Tether, the cryptocurrency stablecoin pegged to the US Dollar, has moved 60 million USDT from its treasury to Kraken Exchange.
sources saying that #Bitcoin ETF’s will be added to @UBS platform next week and widely available. - removal from PWM silo. - removal of ‘unsolicited’ order restriction. - @UBS manages $3.5T in global wealth. — Andrew April 2, 2024 It is a bullish move that erodes barriers for high-net-worth individuals to dive into digital assets. The adoption curve steepens as big players capitulate to crypto's allure.