Trillions of dollars sitting on the sidelines could be used to buy Bitcoin, as the global economy faces a shocking outlook

This a sign the markets are about to pump or are we in for extreme amounts of additional pain the latest define news for you also a ethereum a get some fee relief and Bitcoin miners they are running through their inventory with the effects of the Bitcoin having working exactly as intended you grow your wealth in the crypto markets and to stay ahead of the curve every week you will get top news an interview with an industry leader a detailed research report on some of the top crypto currencies market analysis on Bitcoin ethereum and top alt coins and just loads of other bonus material packed full of value all of this stuff made by myself and my team will be carefully crafted for you to help you succeed in the markets all of that for less than 10 bucks a week _source

but we have now confirmed multiple daily candles under the 50-day moving average which short-term is telling me that the Bitcoin Bulls they might be running out of steam and if so then we can expect further price decline for Bitcoin but as I have said many many times over like the last six weeks or so that the markets just been ranging sideways particularly Bitcoin ops the all coins been going totally crazy which is awesome but as long as we are above the 200-day moving average for Bitcoin then we are in bullish territory but that is the key line that we need to defend and we're also not really in like full-on macro bull reversal mode until

we breach and hold above ten thousand five hundred dollars for Bitcoin and to be clear this number ten thousand five hundred it is going to break the only question is when not if a big thank you to prime xbt for sponsoring today's episode prime xbt is a fantastic platform for trading a wide range of assets you can trade crypto you can trade top Forex like yen and euros top commodities like oil and gold and stock indexes like the S&P 500 all of that tradeable against Bitcoin and with generous leverage on offer and prime xbt also does not require any KYC look trading is not for everyone in prime xbt is only for advanced traders who properly understand how to manage their risk

our first story of the day popular startup defy wallet provider argent discovered a critical bug that could have led their users to losing funds the good is that argent discovered this because their auditors not hackers were the ones to find it but I share this story not to say that argent wallet is bad well in fact it's a fine wallet it's very interesting wallet but again to underline the defy risks were still surly we're moving very fast things we'll be broken because you see argent it is a defy enabled wallet and also please if you're chasing those high yields on defy right now please be careful the market is going crazy with the defy thing at the moment like that compound finance token

it's continued as pump over three hundred dollars it's absolutely wild crazy amounts of money are flowing into the compound finance app right now to be part of the crowd earning those comp tokens the total value locked in compound is now surpassed maker which is just absolutely stunning to see it only took a few days for that to happen I feel like this token distribution model that they've chosen for the company talk in by getting people to invest in the platform that's so they're gonna be seeing more and more of as the years move on but also the total value locked in defy it increased by two hundred and fifty million dollars over the weekend now surpassing 1.5 billion dollars almost all of that money was going into compound finance to try and get those comp tokens just look here at the chart showing how much ethereum has been flowing into compound finance in just the last few days it's wild in other ethereum lists