$iShares Bitcoin Trust ETF(IBIT)$ $Coinbase Global, Inc.(COIN)$ $CME Bitcoin - main 2511(BTCmain)$ 🚨📰💰 $IBIT Outflows Deepen as Crypto Bill Deadline Looms 🇺🇸
I’m seeing a clear divergence between sentiment and structure. $IBIT’s Q-Score just slid to 3, its weakest reading in over a month, even as $296M in positive GEX keeps institutional hedges alive. The spot chart shows compression near $62 with Keltner resistance at $64.20 and downside liquidity pooling near $60.
Implied volatility at 0.44 flags that traders are bracing for sharp moves. 🚨 U.S. Senators are racing to finalise the crypto bill before Thanksgiving, and Coinbase’s CEO confirms there’s a real chance the law passes before 2025 ends. Washington insiders now see genuine legislative traction, which could reshape crypto regulation and ETF inflows overnight.
I’m watching for confirmation above $64.50 to validate renewed momentum; failure to hold $61.80 could accelerate ETF outflows into next week. This is where patience meets precision.
Volatility rising! Market ignition 📈
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Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀
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- Tui Jude·11-03TOP📈🔥You nailed the setup. The compression near $62 looks eerily similar to the early stages of the $COIN consolidation before its May breakout. I’m watching that $64.50 trigger too, since any break with legislative confirmation could flip this into a multi-week accumulation base.6Report
- Kiwi Tigress·11-03TOPThat volatility angle you called out hits. Feels like when $BTC was stuck under $70K and no one believed in the next leg. The bill could flip sentiment fast. I’m keeping alerts near $64.50, because if it breaks with momentum, this thing could light up. Smart read, BC4Report
- Queengirlypops·11-03That’s the energy. $IBIT’s sitting like a coiled spring, waiting for policy heat. You can feel it. If D.C. pushes that bill through, crypto ETFs could explode just like $COIN did last cycle. Volatility’s back, and I’m here for it. Total market ignition 🧃4Report
- PetS·11-03Excellent timing on this post, BC. The volatility setup around $IBIT reminds me of how $SOFI traded ahead of its last regulatory approval cycle. Implied volatility near 0.44 is a warning sign, but it’s also where seasoned traders often find asymmetric entries.5Report
- Cool Cat Winston·11-03I’m aligned with your view on $IBIT, BC. That divergence between sentiment and structure you mentioned mirrors what I’m tracking in $BTC’s futures curve. The elevated IV could easily spill into the broader crypto complex if the Senate bill gains traction, especially with ETF redemptions mounting.5Report
- Hen Solo·11-03📉I see the cautious sentiment you noted reflected in options flow. Market makers are widening spreads, likely expecting turbulence once that crypto bill hits the floor. $MSTR positioning suggests institutions are already rotating exposure, anticipating regulatory volatility.5Report
