MFA Financial's 15-minute chart triggered KDJ Golden Cross, Bullish Marubozu indicator.

Thursday, Apr 24, 2025 3:46 pm ET2min read

According to MFA Financial's 15-minute chart, a bullish signal has been triggered, as indicated by a KDJ Golden Cross and a Bullish Marubozu pattern at 04/24/2025 15:45. This suggests a shift in momentum towards the upside, with potential for further price appreciation. The market appears to be under the control of buyers, and it is likely that bullish momentum will continue.

Bitcoin (BTC) has extended its gains, trading above $94,000 on Wednesday, following a two-day rally of 9.75% [1]. This surge is fueled by a combination of factors, including easing trade war fears and increased institutional demand. US spot ETFs recorded an inflow of $936.43 million on Tuesday, the highest since January 17, while CME futures exposure has climbed to 140,000 BTC, with premiums exceeding 9% for the first time since January 22 [1].

The Bitcoin price rally has been bolstered by President Donald Trump's downplaying of trade tensions with China, which has reduced market fears and supported risk-on sentiment [1]. Additionally, the US Treasury Secretary Scott Bessent's expectations of a trade war de-escalation have further eased concerns, contributing to the Bitcoin price rally [1].

On the technical front, Bitcoin's CME futures exposure has increased to 140,000 BTC, with premiums exceeding 9% for the first time since January 22, indicating improved sentiment and long-term demand [1]. The Open Interest (OI) has also surged to three-week highs, driven by an influx of activity from active market participants [1]. This increased leverage, combined with the easing of trade war fears, has triggered a wave of liquidation, with a total of $316.83 million positions liquidated for BTC in the last 24 hours, out of which 94.8% were short positions [1]. These liquidations have signaled strong upward momentum, attracting more buyers and accelerating the Bitcoin price rally.

Institutional demand for Bitcoin has shown strength, with US spot Bitcoin ETF recording a net inflow of $936.43 million on Tuesday, the highest daily inflow since January 17 [1]. If these inflows continue and intensify, Bitcoin prices could rally further. The Relative Strength Index (RSI) on the daily chart reads 68, approaching its overbought territory of 70, but has not yet crossed it and still indicates bullish momentum [1]. Traders should be cautious if the RSI gets rejected and moves lower, as it would indicate fading bullish momentum and could potentially lead to a correction.

On the other hand, MFA Financial (MFA) has also shown bullish signals on its 15-minute chart. A KDJ Golden Cross and a Bullish Marubozu pattern were observed at 04/24/2025 15:45, suggesting a shift in momentum towards the upside [2]. This pattern indicates that the market is under the control of buyers, and it is likely that bullish momentum will continue.

MFA Financial has been recently upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates [2]. This upgrade reflects positivity about its earnings outlook and could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, is a powerful force impacting stock prices [2].

In conclusion, both Bitcoin and MFA Financial are showing signs of bullish momentum. Bitcoin's price rally is supported by increased institutional demand and easing trade war fears, while MFA Financial's technical analysis indicates a shift in momentum towards the upside. Investors should closely monitor these trends and make informed decisions based on the latest developments.

References:
[1] https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-btc-bullish-momentum-builds-as-premium-exceeds-9-for-first-time-in-three-months-202504231128
[2] https://www.nasdaq.com/articles/all-you-need-know-about-mfa-financial-mfa-rating-upgrade-buy

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