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Bitcoin NFTs push transaction fees on the blockchain to highest in over a year.

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DXY broke down A solid horizontal support!

Crypto Bull market ahead? or will this be faked out?

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SPX500

Fake down
👉 Break down

🌍Expecting some correction of SPX loses the ascending support.

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One of South Africa's largest retailers, Pick n Pay, now officially accepts Bitcoin and Lightning payments in all its stores.

https://twitter.com/bitcoinmagazine/status/1620767441164054529

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🇵🇭 Bitcoin-based app Strike expands in Philippines to grow cross-border payment solutions.

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#Educational_trading_tips

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🇩🇪 German banking giant DekaBank to offer Bitcoin and crypto to 1.5m retail customers and +500 institutional clients. DekaBank manages $428 Billion in assets.

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#BTC got rejected on weekly OB and is now retesting support, there's also an OB (Order Block) on daily and 100 MA on 4H to hold the price.

RSI is looking quite good on several time frames presenting bullish hidden divergence.

Ideally we'd like to see a sweep of the lows, about 22300$, since this fits for a range, trigger that liquidity and reclaim 22600$ - 22900$ support, that would be a solid long IMO.

In case 22600$ - 22300$ won't hold, immediate support is 21746$ (21 MA on daily), where it would be a bullish retest of the diagonal trendline from top that BTC have broken out, also a long possibility.

We'd still be quite bullish down to 20k - 18k, so I'd rather wait for a long than force a short.

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Bitcoin mining difficulty has reached its ATH.

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🔳 Digital asset investment products saw US$117m inflows last week, the largest since July 2022, while total asset under management (AuM) have risen to US$28bn, up 43% from their November 2022 lows.

🔳 The focus was almost entirely on Bitcoin, which saw US$116m inflows last week, although there were also minor inflows into short-bitcoin of US$4.4m.

Source: Digital Asset Fund Flows Weekly Report by CoinShares

Follow @coach for more crypto insights 🔎
#Coach_Educates

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https://twitter.com/CryptoCoinCoach/status/1619430562460205060?s=20&t=N431Ct4W1xkc0cnW48iQTw

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Public miners ended 2022 with roughly 33,290 bitcoins in treasury.

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Is 💰BTC forming a massive Adam and eve pattern?

🔥 - Yes

👀 - No

🥳@Coach

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Bitcoin miner and hosting provider Blockstream raised $125 million in a convertible note and secured loan financing round.

https://twitter.com/blockstream/status/1618057878602149888

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Yea, we are still early!!

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Eurozone inflation falls to 8.5%.

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BTC has been gaining traction relative to ETH on EUR markets in January while it held its ground on USD markets. Crypto/ETH/ESG investment narrative has some way to go in Europe.

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Since the Friday anomaly peaked around Bitcoin's all-time high set over a year ago, Fridays have been a drag on performance, until recently. With the recent rally in Bitcoin, the Friday anomaly appears to be back.

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Bitcoin $BTC bottom formation 👆🏼

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🔺 Bitcoin purchases from ETF-funds increased sharply in January (more than half of all purchased $BTC since Jan. 9 comes from this cohort).

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🔎 On January 9, Nigerian citizens were banned from ATM withdrawals of more than 20,000 Naira (about $43.50) per day, and the weekly limit is 100,000 (about $217). Because of this, the price of 1 BTC on the Nigerian crypto exchange NairaEX grew to 17.7 million Naira, approx. $38.6k.

📊 Meanwhile, Google trends show a spike in interest in Nigeria to buy Bitcoin.

Are there any @Bitcoins subscribers from Nigeria🇳🇬? Show yourself!

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Bitcoins

#Educational_trading_tips

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Index of Fear & Greed has moved from the zone of extreme fear to greed in a month, reaching 61 points today.

The metric takes into account such factors as volatility, market dynamics, trading volumes, social media trends, BTC dominance index, and Google Trends data.

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🇳🇬 The price of one Bitcoin in Nigeria has skyrocketed to the equivalent of $38,000 in the local currency, the naira, which is more than a 60% premium over the current market price of $BTC.

Reason: the Central Bank of Nigeria has continued to impose limits on ATM cash withdrawals amid an ongoing effort to accelerate its shift to a cashless society.

Nigeria is leading the "How to buy Bitcoin“ search worldwide 🔥

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Weekly Crypto performances.

1.💰 Bitcoin : 3.51%

2.💰 ETH : -0.62%

3.💰 BNB : 6.26%

4. 💰XRP : 2.49%

5.💰 Cardano : 6.20%

6.💰 Doge : 5.84%

7.💰Polygon : 18.42%

8.💰Solana : 5.60%

9.💰Polkadot : 5.86%

10. 💰Litecoin : 9.20%

🥳@Coach

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Do you agree?

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Goldman Sachs names Bitcoin best performing asset of 2023.

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Porsche twitter has 2.1 million followers

they could not sell 2,000 NFTs

web2 brands will never make it in web3

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#BTC

Let's adjust the trend lines from the Bullish Pennant, shall we?

There's nothing new to add until it breaks this consolidation either way.

https://www.tradingview.com/x/Mpnsqb3f/

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