💰 Bitcoin lower time frame technical view.
✅$BTC lower time frame forming a rising channel pattern.
✅Still below an important resistance.
✅Higher chance for a drop in case $BTC couldn't hold above the mentioned 28K8 resistance.
✅Watching the levels and trading level by level.
🥳@Coach
Bitcoin’s four-month stretch of gains through April ranks as the longest since a six-month advance to March 2021.
@bitcoins
The Kingdom Of Bhutan Confirms It Has Been Mining Bitcoin For Several Years.
The Himalayan kingdom's investment arm Druk Holding and Investments (DHI) revealed that it has been running a bitcoin mining operation in the country.
https://www.nobsbitcoin.com/the-kingdom-of-bhutan-has-been-mining-bitcoin-for-years/
@bitcoins
Bitcoin transactions reach record high.
One of the main drivers is the Ordinals protocol.
According to Dune Analytics, transactions in the Ordinals protocol reached a new all-time high of over 223,000 yesterday.
https://www.theblock.co/post/228882/bitcoin-transactions-inscriptions-record
@bitcoins
Bitcoin 30-day rolling correlation with gold has surged since March and now stands at 57% - its highest level in almost 2 years.
@bitcoins
Mt Gox’ bitcoins have not moved. The last outflow from any of 80 Mt Gox’ wallets containing 137,800 BTC (over $4 billion) was in May 2018.
@bitcoins
Telegram: Bitcoin is now available on the @wallet web interface, along with a new instant exchange.
You can now buy, withdraw, exchange and make P2P transactions with BTC directly through our updated web interface. It is now possible to buy Bitcoin using a bank card or the P2P market in the "Buy & Sell" section of our user-friendly interface.
To get started instantly buying and exchanging BTC, add @wallet to your Telegram attachment menu.
📍 Follow @Coins for the hottest news in crypto.
Bhutan Plans a $500 Million Fund for Bitcoin Mining in the Himalayas.
Bitdeer Technologies Group and Druk Holding & Investments, the commercial arm of the Royal Government of Bhutan, announced a strategic partnership to develop environmentally sustainable, carbon-free digital asset mining operations in the Kingdom of Bhutan.
https://www.nobsbitcoin.com/bhutan-plans-a-500-million-fund-for-bitcoin-mining-in-the-himalayas/
@bitcoins
How gambling are you?..
The investor and ex-Coinbase CTO Balaji Srinivasan has just closed the $1 million bet made in March with James Medlock: if Bitcoin failed to hit $1 million within 90 days, he would receive $1 million in Circles USDC stablecoin.
Balaji donated $1.5 million of his own money "to send a provably costly signal that there’s something wrong with the economy, and that it's not going to be a "soft landing" like Powell promises — but something much worse".
🧵 https://twitter.com/balajis/status/1653449321185169409?s=20
@bitcoins
$BTC💰
📌 Technical View 📌
✅ BTC currently ranging inside an expanding wedge type of a pattern where we can see $BTC has respected many times.
✅ Also there is a trend line where $BTC has respected 6 times as a support and 2 times as a resistance,This trend line support is acting as a major key level on $BTC.
✅ In case BTC break below the key trend line support we can expect a drop to the major Horizontal support which lies on 25K and also it can be a quick wick to 24K2 also.
✅ $BTC local supports 27K , 26K4.
✅ Also $BTC Weekly candle closing above the range 29K-30K3 will be outstanding.
📌 Bitcoin fell about 4.2% to start the week and new month. Did the First Republic Bank saga make an impact on the Bitcoin dip? 📌
🔸 Cryptocurrencies took a dip on Monday to start the week and new month as investors bet the takeover of First Republic Bank could put an end to the financial crisis, which has been the biggest driver of this year’s bitcoin rally. See more...
🔸 Bitcoin fell about 4.2% to 28,137.76 to start the week and new month. Last week, the price of bitcoin rallied in the final week of April as troubles at the bank unfolded. Trading of the cryptocurrency has been choppy, however, as investors straddle the effects of the banking crisis on crypto with high inflation, Federal Reserve policy, a potential recession and an increasingly bearish narrative building around the U.S. dollar. See more..
💲Current Market Price ~ $27981
💲Volume 24h ~ $17,436,842,452
💲1 Day Range ~ $27700 - 28147
💲 Market Cap ~ $542.46B
💰 However, experts still predict that Bitcoin could shine later this year.
🔸FTX’s collapse was the catalyst for a new bullish cycle in cryptocurrency markets.
🔸Bitcoin could jump nearly 70% if the US defaults on its debt, Standard Chartered analyst says
🔸Bitcoin Extends Dominance Over Alts as BTC Stable Above $29K: Market Watch
🥳@Coach
⚡ Bitcoin Whales Add 64,094 BTC to Their Stash Worth $1.8 Billion.
@Crypto_News | link
The current Bitcoin block height is less than 365 days away from the Bitcoin halving time. The halving time is expected to be April 28, 2024, when the block reward will be reduced from 6.25 BTC to 3.125 BTC.
@bitcoins
The inverse correlation between Bitcoin & First Republic Bank.
Banks 📉
Bitcoin 📈
@bitcoins
💭 Robert Kiyosaki: "WHY I ❤️BITCOIN: Years ago I watched BC climb to $20k then drop to 0. I thought BC finished. Slowly watched BC climb to $6 k & I bought lots. WHY? Because people support BC not FED or Gov. BC did not need FED or Gov bailout because BC people’s money. BC to $100k. Long live BC."
@bitcoins
Today, 40 years ago, the British pound coin was introduced.
It could buy you two loaves of bread (38p), a dozen of eggs (73p), and entire pack of Benson and Hedges cigarettes (2p).
Today it doesn’t even buy you a single stamp (£1.10) after losing 70% of its buying power due to inflation.
🇬🇧 needs Bitcoin
@bitcoins
💤 A bitcoin whale that has been inactive for a decade transferred 279 bitcoins — worth $7.8 million — to three fresh addresses today. It comes a day after another long-dormant bitcoin whale transferred 2,071.5 BTC — worth $60.7 million — yesterday after nine years of inactivity.
@bitcoins
💡 In Sweden and the Netherlands, the warmth from Bitcoin mining is recycled to grow food more sustainably.
@bitcoins