Bitcoin price is holding well above $69,000 threshold despite analysts speculating bearish calls. Rumors have it that Morgan Stanley will approve BTC ETFs on their platform soon. Bitcoin nears a big sell wall with rising open interest signaling incoming volatility. 95% of BTC supply is now in profit as long-term holder cohort ramping up distribution pressure Bitcoin price continues to ride on the ETF theme ahead of the halving.
Rumour that Morgan Stanley will approve #Bitcoin ETFs on their platform in the next 2 weeks are getting stronger. Early this month Morgan Stanley filed with the SEC that 12 of their funds may buy Bitcoin ETFs. Morgan Stanley has $1.5 Trillion in assets under… pic.twitter.com/tn7aYchoU0 — Bitcoin Archive March 27, 2024 One crypto community member, @AP_Abacus, who boasts upwards of 43.
expecting a top ten US bank to approve multiple #Bitcoin ETF’s imminently. **Source: @PNCBank is set to approve the availability of $BTC ETF’s across their WM platform. — Andrew March 27, 2024 Morgan Stanley approving BTC ETFs on its platforms would have a number of impacts: Make it easier for a larger number of investors to gain exposure to the cryptocurrency market through a regulated and familiar investment vehicle.
Over 95% of the #Bitcoin supply is now in profit.$BTC rewards hodlers pic.twitter.com/ntCyl0k1p7 — Bitcoin Magazine March 27, 2024 Meanwhile, Bitcoin price continues to approach a big selling wall, marked by a liquidity zone extending from $74,000 to $75,000. Within this price range, there are enough buyers and sellers present to potentially facilitate quick and efficient trades. Open Interest is also up almost 13% in three days, moving from $33.81 billion to $38.
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