How Central Banks Are Embracing Bitcoin Today

Explore the evolving landscape of Bitcoin, where major financial institutions like Goldman Sachs are investing in crypto and notable central banks are investing in Bitcoin firms. Discover the economic implications of these trends and their historical context.

How Central Banks Are Embracing Bitcoin Today

πŸ’΅ Welcome to BTC Insights, the Bitcoin newsletter for investors.

πŸ“ˆ Bitcoin Price - 3 Months

Source: https://www.bitcoinmagazinepro.com/bitcoin-price-live/

🌑️ Bitcoin Temperature

The latest Bitcoin Temperature is now available on my website. It is updated every Wednesday.

This article explains how to use the Bitcoin temperature to make your Bitcoin investment decisions.

Be greedy when there is fear in the market and fearful when there is greed.

πŸ” Insights

  • The Bitcoin price consolidation seems to be getting closer to being over in preparation for a bullish move.

πŸ“£ Announcements

You can join my BTC Community for free and ask me questions directly.

Exciting News: Introducing the BTC Community!
I’m thrilled to announce the launch of my brand new BTC Community - a free online platform dedicated to all things Bitcoin!

🚦Market Signals

πŸ₯Š Bitcoin Vs Other Assets - 1 Year

Source: https://www.sandeepgoenka.com/btc-metrics/btc-vs-other-assets

🌊 ETF Flows

ETF flows have increased slightly in the last 1 month.
Source: https://heyapollo.com/bitcoin-tracker/flows

πŸ•ŠοΈ Bitcoin Buzz

  • WTF Happened In 1971 is a website with graphs of the economy showing the devastating effect on the world since the US exited the gold standard on August 15, 1971.
  • Why Goldman Sachs is jumping headfirst into crypto (YouTube video)
  • Norwegian and Swiss Central Banks own shares in Bitcoin investment company MicroStrategy. Barclays, the UK's largest bank, also owns $60m of shares.

πŸ“Š Today's Poll

What will be the most significant factor driving Bitcoin's price in the next six months?

Last week's result: Are you planning to increase your Bitcoin investments next month?

Green - YesOrange - MaybeRed - No

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See you in the next block.
Sandeep Goenka