BlackRock: Files New Bitcoin ETF as Altcoins Die
BlackRock files new Bitcoin ETF while U.S. inflation hits 4% and most altcoins face permanent extinction at BTC $61246.
SourceAnalysis
BlackRock filed for a new Bitcoin ETF as BTC trades at $61246.39 amid U.S. inflation topping 4% for the first time in three years, while AltcoinDaily warned most crypto coins are dead and never returning.
Bitcoin tests the upper Bollinger Band resistance at $64263.27 with the 50-EMA at $63915.18 acting as concrete overhead supply and the 200-EMA at $71177.35 capping any longer-term recovery; neutral RSI at 42.46 leaves room for a healthy retracement toward the lower band support at $60601.68 before the MACD golden cross can drive continuation.
Altcoin Daily
@AltcoinDailyFocuses on cryptocurrency education and altcoin investment strategies for digital asset enthusiasts. Covers Bitcoin, Ethereum, and emerging blockchain projects through market analysis and project reviews. Features interviews with industry founders, technical breakdowns, and regulatory updates affecting crypto markets. Provides daily content on portfolio management and long-term wealth building in digital assets.
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