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Binance to delist privacy tokens in France, Italy, Spain and Poland
Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26.
https://ct.com/bnb9
📍#Bitcoin update (Continue)
🔺Bitcoin's monthly candle closed in the red after four consecutive green candles.
🔺Lack of volume remains a concern for Bitcoin.
🔺Sustaining a position above $28,000 is crucial for gaining bullish momentum.
🔺The next immediate support level is around $26,200.
🔺A break below this level could lead to a price decline to $25,500.
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📌Seven people have been arrested after attempting to steal a Bitcoin ATM in Texas. They did not know that there is no actual money inside this ATM.😂
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BREAKING: 🇺🇸 US credit card debt reaches $1 trillion
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JUST IN: Nvidia $NVDA surpasses a $1 trillion market capitalization.
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This week is full of important economic reports in U.S🧐
Let's see how this affects #USD
📍#Bitcoin update (Continue)
🔺Bitcoin bounced from 200W.M.A and now its price is trading above $28,000.
🔺Weekly candle also closed in green. next Immediate Resistance is nearly $28,500.
🔺Bitcoin needs to give a daily candle closing above this resistance to gain Bullish momentum.
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💰 #BTC CME
Price is at local resistance
CME Gap formed between 26900$ and 27915$
Short-term correction is likely to occur📉
📍#Bitcoin Update ( Continue)
🔺Bitcoin price continues to remain above the 200-week moving average (200WMA)
🔺A breakdown below this moving average could initiate a bearish trend in the Bitcoin price.
🔺Weekly candle closing tomorrow holds significance in determining the market sentiment.
🔺If the weekly candle closes below $26,700, we will see Closing in Red candle
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JUST IN: 🇺🇸 Presidential candidate Ron DeSantis says the "IRS is a corrupt organization."
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🇺🇸 US Treasury Secretary Yellen announced that there is not enough money in the treasury to make the $92 billion payments for the week of June 5.
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🇺🇸 USA. PCE Price index (Apr):
- m/m: 0.4% (prog 0.4%; pre 0.1%)
- y/y: 4.4% (prog 3.9%; pre 4.2%)
- Core PCE Price Index y/y: 4.7% (prog 4.6%; pre 4.6%)
Trade balance (Apr) (prev): -$96.77bn (prog -$85.7bn; pre -$84.6bn)
📊 Trading volumes across crypto exchanges are at their lowest levels since 2020.
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#Binance Will Support the BNB Smart Chain (BEP20) Network Upgrade & Hard Fork
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💰 Biden crypto taxes not in current US debt ceiling deal
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Almost $400M of #Bitcoin were sold yesterday, the fifth highest amount this year.
I hope you're taking advantage of this.
Soon no one will sell Bitcoin.
📍#Bitcoin update (Continue)
🔺Bitcoin faced resistance at the upper trendline of a descending channel, leading to a price decline.
🔺The price of Bitcoin dropped and reached an important support level at $27,000.
🔺If the price breaks below this support level, it could potentially decline further towards the $26,500 mark.
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📁 The market is now pricing in a 61.9% chance Jerome Powell and the Fed raise rates in June
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Everyone knows this, but 100% fails to stick to it during the live market hours 😁
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📍#Bitcoin update (Continue)
🔺Bitcoin forming a descending channel, a bullish pattern.
🔺Potential breakout and bullish momentum if pattern continues.
🔺$27,500 acting as an immediate support level.
🔺Breakdown below support may lead to Bitcoin price nearing $27,000.
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The Hong Kong Securities and Futures Commission SFC has authorized the following assets allowed to be sold to Chinese nationals by only 2 Chinese exchanges :
#Bitcoin
#Ethereum
#Litecoin
#BitcoinCash
#Polkadot
#Solana
#Cardano
#Avalanche
#Polygon
#Chainlink
The road to 40k$ is above the 31500$ key weekly level📈
💰 #Btc
Bitcoin Fear and Greed Index is 50. Neutral
Current price: $27,200✅
📁 The top 10 largest stocks in the world are now worth a combined $13.6 Trillion
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📍#Bitcoin Update (Continue)
🔺Bitcoin is currently exhibiting a pattern known as an ascending channel, which is typically considered a bearish pattern in financial markets.
🔺If Bitcoin breaks down this ascending channel pattern, it is expected to experience a decline in its price.
🔺The immediate support level for Bitcoin is identified at 26,500, indicating that if the price falls below this level, further downward movement may occur.
🔺On the other hand, the resistance level for Bitcoin is noted at 27,100, suggesting that if the price rises above this level, it may encounter selling pressure.
Stay tuned for more info!!
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China announces new Covid strain that could infect 65 million people per week and imminent launch of two new Covid vaccines.
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Notice of Removal of Trading Pairs - 2023-06-01
https://www.binance.com/en/support/announcement/bd9a8eb9e0c940278d888cb95b76ba41
📍#Bitcoin Update (Continue)
🔺Bitcoin is currently facing difficulty in surpassing the $26,650 resistance level, which is impeding its recovery.
🔺If Bitcoin remains below the $26,650 resistance zone, there is a possibility of another decline in its price.
🔺Failure to overcome the $26,650 resistance could potentially trigger a downward movement in Bitcoin's price.
🔺The immediate support level on the downside is approximately $26,200.
🔺If the price continues to fall, the next significant support level is around $26,000.
🔺If breached, Bitcoin may revisit its previous swing low at $25,865.
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