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💰 #BTC
We have multiple retests off the 31000$ supply zone☝️
I do expect a breakout soon📈
Untold knowledge
0% tax in Germany 🇩🇪 if you hold crypto for an year and above.
Quarterly trade volume falls to lowest level since 2020.
Читать полностью…Bitcoin closed June at +11.98%.
This is the first positive June close in the last 4 years. Also according to statistics since 2009, July is considered to be the best month after October.
Notice of Removal of Trading Pairs - 2023-07-05
https://www.binance.com/en/support/announcement/d9349160f5504b87bd7948d8c36c4615
#Bitcoin Monthly MACD Bullish Crossover🚀
Historically, July has been a green month❗️
👩💻 #REVIEW BITCOIN GLOBAL
Here are the main levels on #BTC!
Basically we have monthly support and resistance - they are also valid for other timeframes. Also there are key levels for bulls and bears to defend.
Anything between blue and red is just boring flat, don't get swept away!
🇬🇧 NEW: UK Bank refuses to give customer his own money.
Читать полностью…BREAKING: SEC says spot Bitcoin ETF filings are inadequate.
SEC tells Nasdaq, Cboe that recent filings from BlackRock, Fidelity and others aren’t clear and comprehensive, WSJ reported.
JUST IN: 🇬🇧 UK passes bill to recognize crypto as regulated financial activity in the country.
Читать полностью…Robinhood liquidating about 1M of $SOL ($15M USD) deposits via Jump.
Over the last 12hrs Jump have been sending in aggregate:
- 162k to Coinbase ($2.6M)
- 84k to Binance ($1.3M)
Remaining 692k $SOL ($11M) waiting on the sidelines to be unwinded.
📍#Bitcoin Update (Continuous)
🔺Bitcoin successfully broke out of the descending channel pattern as we expected.
🔺Bitcoin reached a significant resistance at $31,000.
🔺To establish a bullish trend, Bitcoin must close daily candles above $31,000.
🔺The breakout aligns with our previous expectations for Bitcoin's performance.
🔺Bitcoin's upward movement indicates the potential for further positive momentum.
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🇺🇸 Happy 4th of July! 🇺🇸
📢 Heads up, traders! 📢 Today is a bank holiday in the USA 🏦🔒
🇺🇸🗽 Markets are taking a break; expect low volume 📈💼
📍#Bitcoin Update (Continue)
🔺Bitcoin price maintained stability above the $30,500 support level.
🔺BTC initiated a gradual increase and surpassed the $30,820 resistance zone.
🔺The price further broke the $31,000 zone and tested the $31,400 resistance level.
🔺Currently, the price is consolidating gains with immediate resistance near $31,450.
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Binance Spot Trading System Upgrade Notice (2023-07-04)
https://www.binance.com/en/support/announcement/2033f4491709431cafc8d982fc096850
🇸🇰 Slovak parliament approves law reducing #cryptocurrency sales tax rate to 7%.
https://cointelegraph.com/news/slovakian-parliament-approvs-lower-crypto-taxes
📍#Bitcoin Update (Continue)
🔺Bitcoin weekly candle closed in green, indicating positive price movement.
🔺Price currently holds above the 30,500 level.
🔺Ascending channel forming in the weekly time frame.
🔺Expectation of price touching the upper trendline of the ascending channel.
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💰 #BTC
35000$ level is:
2014-2016 440$ level
2018-2020 6300$ level
If cycle does repeat itself, then only we should do is break above 35k$ for the bullish rally🚀
📍#Bitcoin Update (Continue)
🔺Bitcoin price remains above $30,500, indicating stability.
🔺Weekly candle closing tomorrow, potential impact on market direction.
🔺If candle closes below $30,500, we will see closing in Red
🔺Bullish movement requires weekly candle closing above $31,000.
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📍#Bitcoin Update (Continue)
🔺Bitcoin is currently exhibiting a symmetrical triangle pattern formation.
🔺Recent drop in Bitcoin price attributed to SEC's critique of inadequate ETF filings.
🔺Bitcoin reached a low near $29,400, but has since recovered above $30,000.
🔺To initiate a bullish move, Bitcoin must close its daily candle above $31,200.
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Major Assets Priced in Bitcoin - 2023 YTD
2023 Year to Date:
SP500 -29%
Gold -34%
USD -38%
Crude Oil -42%
Vs #Bitcoin
📍#Bitcoin Update (Continue)
🔺Bitcoin met expectations, breaking descending channel pattern.
🔺It broke out of the descending channel pattern as anticipated.
🔺Bitcoin's price reached a level of $31,200.
🔺To establish bullish momentum, Bitcoin must achieve a candle closing above this threshold.
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🇬🇧 JUST IN: UK passes bill into law recognizing #Bitcoin and crypto as regulated financial activity 👀
Читать полностью…📍#Bitcoin Update (Continue)
🔺Bitcoin is currently displaying a descending channel pattern, which is considered to be a bullish formation.
🔺The price of Bitcoin has reached the upper trendline of this descending channel, indicating a potential breakout of the pattern.
🔺If the breakout occurs, it suggests the possibility of a short-term upward movement in the price of Bitcoin.
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MicroStrategy has acquired an additional 12,333 BTC for ~$347.0 million at an average price of $28,136 per Bitcoin — link
Читать полностью…Bitcoin is center stage and the market is reflecting it: BTC’s dominance is up to 58%, the highest since April 2021
Читать полностью…