self explantory chart: Bitcoin collapses over 5% since Blackrock and other 'funds' get ETF approval from the SEC for Crypto. More so Bitcoin is under pressure, which is a crypto bellwether. Piercing through the 41290 support. Watch for 34490.

 

Please refer to this post:  chiasmusmagazine.blogspot.com/2024/01/bitcoin-surges-to-49000-then-collapses.html for further anaylsis re: Bitcoin outflows, bidding war on fees and greed laced ETF applications piling up at the SEC.