Since we turned neutral on the Bitcoin Trend Indicator (from significant uptrend, on Jan. 18), and front-end US interest rates have risen 5bps, we’ve fallen lower about 4.5% lower to 39.5k, and lie back in the middle of the bitcoin (BTC) price trend channel established at the crypto winter bottom in Dec 2022.
BlackRock (BLK) Sees Sovereign Wealth Funds (SWF), Pensions Coming to BTC ETFs
“Many of these interested firms – whether we're talking about pensions, endowments, sovereign wealth funds, insurers, other asset managers, family...