[inverse Bitcoin ETF]

The price of Bitcoin is breaking all-time highs every day recently and there is debate on whether Bitcoin price is in a bubble and will burst soon.

While some are optimistic about the rising trend of Bitcoin and some are expecting the drop and interested in the inverse Bitcoin ETF.

What is inverse?

A product that invests in a decline in the futures price of Bitcoin. In other words, the more the price goes down, the more profitable investors get!

This allows you to invest in bitcoin products in stock exchanges as well as coin exchanges.

More and more investors are interested in Bitcoin but still, the government regulatory issue concerns the public and make it a hesitation to some of the investors.

Crypto & Fear Index is now at 79 indicating an Extreme Greed level, indicating people are still willing to buy in Bitcoin.



Source: www.mytradinginfo.com



Source: https://alternative.me/crypto/fear-and-greed-index

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.



Image Souce: MyTradingInfo

Bitcoin is still our everyday issue around the world, not only it is an investment but it is also going into our daily life.

Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.

Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?

1.  Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold

2. US President is considering spending $3 trillion on infrastructure in the States which draws investment capitals into the US stock market

Even there is an adjustment in the Bitcoin price these days but it is expected it will recover soon.

给大家介绍一个不错的币资讯网

它有实时图表, 参考市场趋势做交易

虽然目前只有英语, 但都是图表, 挺易操作的, 希望大家觉得有用吧 

www.MyTradingInfo.com

There are lots of information we can refer to analyse the Bitcoin price trend.

Mytradinginfo.com shows real-time statistics about cryptocurrency.

Factors like Nasdaq index, Google Trends, Gold Price relations and so on.

www.mytradinginfo.com

Does Bitcoin start to decouple from the Nasdaq 100 Stock Index? How does this changing your trading strategy?

What factors will you consider for Bitcoin investment? Do you also compare other indexes to check when it is a suitable time to buy in or out for Bitcoin? Like Gold Price? Nasdaq index?

Sharing a site provides real time crypto trading information and trending factors for Bitcoin.

Data for interesting factors like Google Trend, BitMEX open interest comparison are available. 

Have already bookmarked it for trading tips.

www.mytradinginfo.com