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📍#Bitcoin Update (Continue)
🔺Bitcoin is following a rising wedge pattern, which is a bearish pattern.
🔺If Bitcoin continues to follow this pattern, we can expect to see more downside movement in its price.
🔺For a bullish move to occur, Bitcoin needs to close a daily candle above $27,200.
🔺A break above $27,200 could send the price near $29,000.
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Notice of Removal of Trading Pairs - 2023-09-29
https://www.binance.com/en/support/announcement/c3db74e44cd74bf8af1e3796dce7e14b
🇺🇸 BREAKING: Total US debt has jumped by $100 BILLION since it crossed $33 trillion exactly one week ago.
That's $14.3 billion PER DAY being added to US debt over the last week.
CZ is trolling Sun in a friendly way: “ A week after you rename your exchange after FTX... 😂”
“Jokes aside, our security team will help in tracking hacker funds in all cases where we can.”
https://x.com/cz_binance/status/1706326077021274327
🚨 𝐂𝐑𝐘𝐏𝐓𝐎 𝐖𝐀𝐓𝐂𝐇𝐋𝐈𝐒𝐓 𝐅𝐎𝐑 𝐖𝐄𝐄𝐊 𝐀𝐇𝐄𝐀𝐃 🚨
1️⃣ $𝐀𝐑𝐁: Arbitrum Odyssey event & eco incentives approved!
2️⃣ $𝐎𝐏: $31M unlocked on Sept. 30 for core contributors & investors.
3️⃣ $𝐗𝐑𝐃: Babylon upgrade on Sept. 27 - human-readable transactions, DeFi Engine, and more!
4️⃣ $𝐅𝐗𝐒: Frax V3 audit done, mainnet launch soon - more decentralization & on-chain treasuries.
5️⃣ $𝐋𝐈𝐍𝐊: SmartCon event on Oct. 2 - Chainlink gaining momentum.
6️⃣ $𝐑𝐋𝐁: Rollbit's revenue up, RLB price to follow fundamentals!
BRICS+ (🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 + 🇦🇷🇪🇬🇮🇷🇦🇪🇸🇦🇪🇹):
🪙 20% of Gold Reserves
💵 23% of Exports
💵 30% of GDP
🏭 30% of Foreign Direct Investment
🪙 32% of Gold Production
🌐 32% of Landmass
🪖 34% of Military Man Power
🔥 35% of Natural Gas Production
💵 37% of GDP at PPP
🌽 40% of Corn
🛢️ 40% of Oil Reserves
🛟 40% of Foreign Reserves
⚫️ 40% of Coal Reserves
🛢️ 45% of Oil Production
⛏️ 45% of Iron Ore Production
🧑🤝🧑 46% of Population
🚗 46% of Vehicle Production
🔩 48% of Titanium Production
🌾 52% of Wheat
◻️ 53% of Sugar
🍙 60 % of Rice
☁️ 60% of Cotton
⚫️ 65% of Coal Production
🧑🌾 65% of Agricultural Workforce
🪦 68% of Cement Production
⚙️ 69% of Steel Production
🍎 72% of Apple
📊 Upcoming key events for the markets:
28.09.2023, 12:30 UTC — GDP
28.09.2023, 20:00 UTC — Fed Chair Powell Speech
📍#Bitcoin Update (Continue)
🔺Bitcoin performed as expected, breaking down from the ascending channel and sending prices lower.
🔺The price reached near $26,300, which is acting as a good support level.
🔺The weekend market is typically slow, so Bitcoin may remain rangebound until the start of the new week.
🔺For a bullish move, Bitcoin needs to break above $27,000 with good volume.
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Attention:- BUSD will soon be unlisted in Binance.
Convert All your BUSD to other Assets.
Binance’s seven-day average Bitcoin spot volume has fallen by 57% since September 1, with volume down 48% across exchanges overall
Читать полностью…Top News:
1. FTX Legal Drama: FTX sues ex-employees of Hong Kong affiliate, Salameda, to recover about $157.3 million.
2. Binance & SEC: Binance and Changpeng Zhao seek to dismiss an SEC lawsuit, alleging overreach by the regulator.
📈 Market Insight: Ether prices might stabilize in the coming days due to hedging activities.
📉 Data of the Day: US 10-year Treasury note yields at their highest since 2007 and 2009.
World Indices :
SPX - 4,284.85 (0.26%)
🚀 Cryptocurrencies :
Bitcoin USD - 26,580.78 (1.49%)
Ethereum USD - 1,617.12 (2.06%)
🌟 Commodities :
Crude - 92.23 (2.04%)
Gold - 1,902.90 (-0.88%)
Silver - 22.695 (-2.16%)
💰 USDT market share on Binance reaches 17-month high - Kaiko.
Читать полностью…🚨𝐅𝐞𝐰 𝐛𝐞𝐚𝐫𝐢𝐬𝐡 𝐬𝐢𝐠𝐧𝐬 𝐫𝐞𝐜𝐞𝐧𝐭𝐥𝐲:🚨
➡️BTC lost 200 Day EMA
➡️ BTC DeathCross
➡️ SEC Chokepoint 2.0
➡️ Vitalik selling ETH
➡️ Saylor buying Bitcoin
➡️ SeptemBEAR month
➡️ Low Cap pump and dump
➡️ UK Exit by Exchanges
➡️ Defi and CEX Hacks
🇺🇸 The U.S. Dollar Index has now climbed above 106 and is trading at its highest level since November.
$DXY is going for its 11th consecutive green week which would be its longest weekly winning streak since 2014!
🔵 The amount of staked #ETH has grown to 22% of total supply.
Читать полностью…📊 Market Overview:
BTC : $26118
ETH : $1575.08
BNB : $208.51
⚡ Dominance :
BTC : 47.16 %
ETH : 17.53 %
Stables : 10.07 %
📈 Market Cap :
Total : 1.08T
DeFi : 41.6B
24hr Vol : 31.31B
📍#Bitcoin Update (Continue)
🔺Bitcoin price failed to clear the $27,500 resistance and started a fresh decline.
🔺BTC traded below the $27,000 and $26,500 support levels to enter a bearish zone.
🔺There was also a move below the $26,200 support level.
🔺The price tested the $26,000 zone.
🔺Bitcoin weekly candle closed in red and price is moving down.
🔺Bitcoin need to keep its position above $25,500 otherwise we will see more drop in its price points.
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In case you haven't seen it before, this is how $100 priced in Bitcoin looks like 📈
Читать полностью…📍#Bitcoin Update (Continue)
🔺Bitcoin is still following Elliott Wave theory pattern.
🔺Bitcoin tested the $27,400 support level as expected.
🔺If Bitcoin continues to follow this pattern, we will see a drop in price.
🔺The next important support level is near $26,000
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🚨JUST IN 🚨 :
Arkham Intelligence Reports #Coinbase Holds 1 Million #Bitcoin 💰
Equal to Nearly 5% of Total Supply and Almost Matching Satoshi's Holdings.
BREAKING: 🇺🇸 U.S. stock market has lost $1 trillion this week
Читать полностью…Arkham has now identified $25B of Coinbase Bitcoin reserves (~1M BTC) on chain.
This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence - about as much as Satoshi Nakamoto.
😳😳😳😳😳😳
📊 World Indices :
SPX - 4,340.84 (0.25%)
🚀 Cryptocurrencies :
Bitcoin USD - 26,587.82 (0.66%)
Ethereum USD - 1,594.97 (1.14%)
🌟 Commodities :
Gold - 1,946.00 (0.33%)
Silver - 23.935 (1.05%)
Crude - 90.97 (1.5%)