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💰 Bitcoin Price Unexpectedly Drops To $26,700 After A Slight Recovery
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Purchasing power: #Bitcoin vs USD
The choice has never been easier.
📌Binance temporarily suspend deposits for the following bridged tokens-network.
✅Source
Stay alert as the US-debt ceiling issue can lead to a correction of 10-15% across the stock market...
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🇨🇳 China's Central Television network just broadcasted the news that Hong Kong is allowing retail investors to buy 💰 #Bitcoin 🔥🔥🔥
We are in parallel universe or what🤔 I used to "China bans Crypto" news😅
LINK
#Binance will remove and cease trading on the following spot trading pairs:
• At 2023-05-26 03:00 (UTC): APT/BRL, AMP/BTC, BEL/ETH, FIS/BRL, GAL/ETH, GMT/BRL
• At 2023-05-26 05:00 (UTC): APE/AUD, AVAX/AUD, AXS/AUD, DOT/AUD, FTM/AUD, LINK/AUD, SAND/AUD, SHIB/AUD
• At 2023-05-26 06:00 (UTC): GMT/GBP, JASMY/BTC, KP3R/BNB, REI/BNB, SANTOS/BRL, STMX/BTC, XTZ/BNB
#ARB / USDT (BINANCE)
BUY - 1.130 - 1.150 - 1.175
SELL - 1.20 - 1.25 - 1.30 - 1.45 - 1.60 - 1.75 - 1.90 - 2.20 - 2.50 - 3.00 - 3.50+
#ARB Worth Buying Here!
#CryptoEase
🗞 Hong Kong opening up the gates!
On June 1st, Hong Kong crypto exchanges will be allowed to offer their services to regular customers.
Upcoming key events for the markets:
24.05.2023, 18:00 UTC — FOMC Meeting
25.05.2023, 12:30 UTC — GDP (Q1)
Get ready for high volatility
JUST IN: 🇦🇪 Dubai developer to build the world's first Bitcoin Tower.
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📌13 years ago, Laszlo Hanyecz, a Floridian programmer, bought 2 Papa John's pizzas for 10,000 BTC.
➡️Today, those pizzas would be valued at $267 million.😱
🪙 Happy Bitcoin Pizza Day, everyone! 🍕
📣 GDP of BRICS nations has overtaken the G7.
The world is changing fast… 🧐
Saw the news about Ledger, that government could access to your funds on it.
🧐Let's clarify:
Government can seize your crypto assets only if you SIGN UP for Ledger Recover and verify your identity.
Simply Do Not Sign Up for Ledger Recover to keep your funds safe❗️
Also do not overreact to the News you see😜
📊 Recession probability forecast for 2023 was:
🇮🇳 India: 0%
🇮🇩 Indonesia: 2%
🇸🇦 Saudi Arabia: 5%
🇨🇳 China: 12.5%
🇧🇷 Brazil: 15%
🇨🇭 Switzerland: 20%
🇪🇸 Spain: 25%
🇲🇽 Mexico: 27.5%
🇰🇷 South Korea: 30%
🇯🇵 Japan: 35%
🇷🇺 Russia: 37.5%
🇦🇺 Australia: 40%
🇿🇦 South Africa: 45%
🇫🇷 France: 50%
🇨🇦 Canada: 60%
🇮🇹 Italy: 60%
🇩🇪 Germany: 60%
🇺🇸 US: 65%
🇳🇿 New Zealand: 70%
🇬🇧 UK: 75%
🇨🇴 JUST IN: People can now buy #Bitcoin at over 52,000 retail outlets across Colombia through Azteco #Bitcoin vouchers!
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📍#Bitcoin update (Continue)
🔺Bitcoin experienced a downward movement after facing resistance at the $27,500 level.
🔺The cryptocurrency was unable to sustain its positive momentum above the $26,850 support zone and continued to decline.
🔺The bears successfully pushed the price below the crucial support level of $26,550.
🔺There was even a temporary drop below the $26,000 mark, with a low point reached at approximately $25,865.
🔺The next significant support level to watch for is around the $25,500 zone.
🔺If the price falls below this support level, there is a possibility of a further downward movement towards the $25,000 support level.
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Coinbase: „in case of default on the U.S. government debt, BTC can go beyond its trading range“.
https://twitter.com/CoinbaseInsto/status/1661417480978583555
🇺🇸 FOMC Minutes: Officials See "Uncertainty" About Further Rate Increases at May Meeting.
FOMC Minutes: Officials Say Inflation Is Still "Unacceptably High".
FOMC Minutes: Officials continue to forecast a mild recession to begin later this year, followed by a mild recovery.
📍#Bitcoin Update (Continue)
🔺Bitcoin is facing difficulty in surpassing the resistance level at $27,500.
🔺The current trading price of Bitcoin is below $27,000 and has reached a significant support range between $26,700 and $26,500.
🔺A breach of this support range may indicate a bearish trend for Bitcoin.
🔺It is crucial for Bitcoin to maintain its position above this support range.
🔺In order to regain positive momentum, Bitcoin needs to reclaim its position above $27,000.
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JUST IN: 🇺🇸 House Speaker McCarthy says "we're not raising taxes. The problem is Washington spends too much."
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📍#Bitcoin Update (Continue)
🔺The price of Bitcoin is currently displaying upward momentum and has surpassed the $27,000 mark.
🔺Bitcoin has revisited the neckline of a head and shoulders pattern, which is currently acting as a resistance level for the cryptocurrency.
🔺In order for Bitcoin to experience a bullish trend, it is essential for it to regain its position above this resistance level.
🔺Overcoming this resistance would provide Bitcoin with the necessary momentum to potentially increase in value.
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💰 FTX CEO John Ray III confirms FTX 2.0 plans.
➡️Source: Click here
JUST IN: 🇺🇸 White House says 8 million jobs will be lost if US defaults on its debt.
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Unexpected announcement from Hotbit Exchange ...
Withdraw your funds from this exchange
📍#Bitcoin Update ( Continue)
🔺Bitcoin's weekly candle closed in the red, indicating a potential bearish signal.
🔺Despite the decline, the price of Bitcoin remains above the 200-week moving average (200W.M.A.).
🔺Maintaining its position above this moving average is crucial for Bitcoin's price stability.
🔺However, if Bitcoin breaks down below the 200W.M.A., it may lead to further price decline.
🔺There is a possibility of the Bitcoin price reaching the resistance level of 22,000 in such a scenario.
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8 billion people
62.5 millionaires
21 million Bitcoin
#Crypto wallet #Metamask change terms and conditions to state they may collect taxes from users #bitcoin 🤦
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Bitcoin Fear and Greed Index is 48. Neutral
Current price: $27,019✅