My Actifit Report Card: June 11 2024 - Crypto Tips Tells Why Bitcoin Dropped
Today Crypto Tips YouTube channel had Toby saying in a video that he is Bullish on Bitcoin and Ethereum. He said that there was a Bitcoin ETF outflow but that's not why Bitcoin dropped. He said it dropped because there is open interest at the current price and he gave a link to open interest chart in the description but I'm not sure what to make of it. Anyone know?
Open Interest Chart Source:
https://www.tradingview.com/symbols/BTC_PERPETUALOPENINTEREST/?share_your_love=RealCryptoTips
Toby finishes by showing a chart of price and Bitcoin supply on Exchanges. The supply is very low, so the price should stay the same or rise if demand rises. Expect Bitcoin to reach new All Time Highs soon, if Toby is right!
My Activity
today was some moving around during the day. Then at night I took my walk but I took a longer route. I got over 7K today. I also climbed 64 stairs so that's helpful for the legs, glutes and core.
I saw the moon! It was nearly half full but rather low in the sky. In a few days it will be higher and brighter.
Just in time for Water Volleyball! It finally starts Friday! There will be some games and also a birthday party for one of the guys. I'm so looking forward to this!
Have a nice Wednesday! :)
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Just my opinion.... I think it's because the Fed is talking about changing interest rates and the markets are all in a tizzy stock market as well!
Tomorrow could be a Bull market, tomorrow could be a bear market Lol
Hang on my friend, crypto is here to stay!👍
Excellent @actifit day today congratulations!!
I'm bullish on altcoins haha 😂
Though we keep haunting rare gems like Actifit.
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Open interest at the common price?
Wow. I’m just hearing that. God knows I just want to witness a pump and that’s all
interesting, informative video, thanks for sharing the report, have a nice day
yea.. uh huh.. i think its due to the position of the moon and the stars correlated with the current horoscope. oh, and crystals too.. somehow..
Sounds like you had a productive day characterized with plenty exercise! The moon sighting adds a nice touch to your evening walk. Water volleyball and a birthday party on Friday are no doubt activities to look forward to . Enjoy in advance and have a great Wednesday!
I still believe the crypto space will still rise back most especially the bitcoin space very soon. As it is just a matter of time
I am still sure that the price of bitcoin will still rise up back in price value soon