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➡️ Follow @Bitcoins to get latest news, Fundamentals and TA about bitcoin and the crypto market.
#BTC — Analysis
Bitcoin should be heading toward 28600$ where it will find price resistance...
— If manages to get above, then the Weekly OB (orange rectangle) will act as resistance and only then you could aim toward the TP of 32000$ — the algo fib (top negative fib).
Beside what it was just stated, price could consolidate between the top of broadening wedge — 27000$ and one of those resistances, respectively 28600$ — 29000$ — 29700$ until it reaches 32k as main target of this move and major resistance!
Bitcoin seems Sound during all this narrative of the Banks, followed by #GOLD that just had a major breakout and might be aiming for a wild run!!! Same will happen if Bitcoin manages to surpass 32k — 36k
https://www.tradingview.com/x/KhtPz7ou/
@Bitcoins
👀 Terra founder Do Kwon reportedly arrested in Montenegro.
@bitcoins
🚘 The same day two years ago, Tesla started accepting $BTC.
@bitcoins
Now, we've seen everything 😆
Tim Draper concluded his speech at Paris Blockchain Week 2023 with a song he wrote.
It touched on Satoshi, Bitcoin, banks, governments and the want for a new world order.
@bitcoins
〽️ Total notional options open interest has crossed $20B - split between $12.5B for BTC and $7.55B for ETH.
Last time the options market OI crossed the $20B mark was in October 2021.
@bitcoins
Global luxury real estate broker Engel & Völkers accepts Bitcoin payments in Lugano, Switzerland🇨🇭
@bitcoins
2017: Credit Suisse CEO Tidjane Thiam is skeptical about Bitcoin saying $BTC is "the very definition of speculation and the very definition of a bubble" + "a currency with anti-money laundering challenges".
2023: Credit Suisse is struggling and will be acquired by UBS; besides, more than 130 U.S. banks are actively involved in crypto.
Seems like Thiam doesn't really know the definition of a bubble 😏
@bitcoins
🆙 Number of active $BTC-holding addresses over the decade:
⦁ 1k in July 2010
⦁ 1.3m by April 2021 (at the height of that year's cryptoboom)
⦁ 850k by March 2023
@bitcoins
Yea, we are talking now!!
📍 Follow @Coins for the hottest news in crypto.
💥 Historically, Bitcoin has had an inverse correlation with the U.S Dollar. Over the past month, this negative correlation has mostly disappeared amid a wider market rally.
@bitcoins
😁 Trending on Twitter rn in Business & Finance:
❌ Bitcoin
✅ Bitcion
@bitcoins
Hodlers' Bags Continue to Grow - The amount of BTC owned by addresses holding for over one year just set a new all-time high
Bitcoin hodlers now own over two thirds of all circulating supply.
Following the BTFD mantra, this group of addresses typically increases their holdings in the bear market, as we saw in 2022.
If history rhymes, this group is unlikely to start selling their holdings until we reach close to the previous all-time high ($69,000).
This points to Bitcoin's scarcity as the majority of long-term holders have been historically unwilling to sell shortly after the bottom.
@bitcoins
Comparison of the change in Bitcoin wallets over the course of the 2021-23 cycle shows that small entities, with < 50 BTC, have absorbed the largest volume of coins, sourced from Whales, Miners and Exchanges.
@Bitcoins
💭 Cathie Wood, Ark Invest CEO: “The behavior of the price through this crisis is going to attract more institutions.”
@bitcoins
BTC volatility outpacing ETH's for the first time in over a year.
@bitcoins
Banks Vs Bitcoin
📍 Follow @Coins for the hottest news in crypto.
The White House has issued an Annual Economic Report of the President to Congress, including the research on digital assets and digital economy.
In the context of Ethereum’s transition to Proof-of-Stake, it says: “...Bitcoin has not announced plans to make a similar change.”
Really weird… Bitcoin CEO needs either to think seriously about such a transition or at least to raise the issue with shareholders at the next meeting 😁
Besides, the report says crypto assets are neither an effective store of value nor effective means of payment; their innovations are primarily about creating artificial scarcity to support the price.
Follow @coach for more crypto insights 🔎
#Coach_Educates
Paying with $BTC via Lightning.
🇨🇿 Prague, Czech Republic
@bitcoins
The Fear and Greed Index has reached 68 points - the highest value in almost a year and a half.
@bitcoins
📈 Bitcoin has experienced one of the best performing weeks of price action in history, closing up 35.8% on the week. Several on-chain indicators suggest that the Bitcoin market is transitioning out of conditions historically associated with deep bear markets.
https://insights.glassnode.com/the-week-onchain-week-12-2023/?&utm_source=gn_twitter&utm_medium=tweet_woc&utm_campaign=woc_12_2023
@bitcoins
Digital asset investment products saw outflows for the 6th consecutive week totaling $95m, with the 5-week total being $406m, representing 1.2% of total assets under management (AuM).
@bitcoins
The banking system explained in 10s.
https://www.reddit.com/r/Bitcoin/comments/11tg2pd/the_banking_system
@bitcoins
A new @TheEconomist front page for March 18th - 24th.
#Bitcoin is THE bank.
RT if you agree: https://twitter.com/CryptoCoinCoach/status/1636338698462674945