Crypto Patel

09 Aug 2023 13:44

Hit like and retweet if you agree.

Link

Crypto Patel

09 Aug 2023 11:45

Chinese economy falls into deflation as recovery stumbles; prices fall for first time since Feb 2021



Deflation is when the prices of goods and services decrease across the entire economy, increasing the purchasing power of consumers. It is the opposite of inflation and can be considered bad for a nation as it can signal a downturn in an economy, leading to a recession or depression

Crypto Patel

09 Aug 2023 08:42

💰 Bitcoin mining firm Core Scientific will exit bankruptcy proceedings amid $77mn deal with Bitmain

Bitmain will acquire a $54 million stake in CS in exchange for 27,000 Antminers, According to court documents filed Tuesday.

Crypto Patel

09 Aug 2023 06:31

Hit like and retweet if you agree.


Link

Crypto Patel

09 Aug 2023 05:18

🇩🇪 Taiwan Semiconductor $TSM said today it has approved a $3.8 Billion investment for the construction of its first European factory, in Germany - Reuters

Crypto Patel

09 Aug 2023 02:55

📊 Crypto Fear and Greed Index

🧭 Index Value : 50
😱 Sentiment : Neutral
💰 BTC Price : $29776

Crypto Patel

08 Aug 2023 18:19

💥 NEW: Bitcoin Long-Term Holder supply just hit a record-breaking 75% of circulating supply while volatility is at an all-time-low 🙌

Bitcoin hodlers have never had more conviction 💪

Crypto Patel

08 Aug 2023 13:07

🇺🇸 US credit card debt surpasses $1 trillion, a new all-time high.

Crypto Patel

08 Aug 2023 11:52

Breaking news: Huobi exchange announced that it will be the first exchange to list #PayPal's stablecoin #PYUSD, and there will never be transaction fees for PYUSD trades.

Crypto Patel

08 Aug 2023 07:03

Hit like and retweet if you agree.


Link

Crypto Patel

08 Aug 2023 06:04

🚀 Top Trending Coins (Today)

1. BTC
2. LCX
3. YGG
4. WLD
5. TARA
6. USDT
7. OP

Crypto Patel

07 Aug 2023 19:06

Unbelievable Crypto Rollercoaster Ride!

#YGG skyrocketed a staggering 765% in just 58 days!
But wait,
brace yourself for the wild side of crypto!

In a jaw-dropping twist, it experienced a sharp -67% dump in just 4 hours.

Crypto never fails to surprise us! 😂

Crypto Patel

07 Aug 2023 13:17

Digital asset investment products saw outflows this week, totaling $107m with profit taking gathering pace in recent weeks. Bitcoin was again the primary focus, seeing outflows totaling $111m, the largest weekly outflows since March.

Crypto Patel

07 Aug 2023 12:26

🇺🇸New York Fed President John Williams: "I predict interest rates may start to fall next year."

Crypto Patel

07 Aug 2023 10:24

💰 Litecoin's hashrate is currently at an all-time high

Crypto Patel

09 Aug 2023 13:29

🆘 Bitstamp is set to suspend trading for several tokens, including SOL, MATIC, and SAND, impacting US user's

Crypto Patel

09 Aug 2023 09:18

APE/USDT Technical Rally: From $1.70 Support to $10 Target: $APE

Current Price: $1.84

Oversold Indicator: In the oversold region, signaling possible upward momentum.


Strong Support: Found at $1.70, acting as a safeguard against sharp declines.


Long-Term Outlook: Consider accumulation for potential long-term gains

Entry Points:
Entry 1: Range of $1.80-$1.60 for a strategic market entry.
Entry 2: Risk-tolerant investors can explore $1.20-$1.00 for higher potential rewards.

Price Targets:
Target 1: Breakthrough of $4.50 resistance could drive price to $4.50
Target 2: Successful breach of $4.50 might propel APE towards $10 and $15

Be sure to conduct thorough research and practice risk management.

Crypto Patel

09 Aug 2023 06:43

📈 BCH/USDT Technical Analysis - Potential Breakout Ahead

Hey Crypto Enthusiasts!

Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market.

June's Phenomenal Surge
June was nothing short of thrilling for BCH holders, witnessing an incredible 260% surge in the BCH/USDT pair. This exhilarating jump has captured the attention of traders and investors, sparking curiosity about the path BCH might take next.

Spotting Bullish Signals
The current scenario hints at the formation of a bullish flag pattern in higher time frames. This pattern often acts as a signal for a continuation of the previous uptrend, suggesting the potential for more upward movement. However, remember that retracements are an integral part of the market cycle and should be anticipated.

Resistance and Support Levels
Right now, BCH/USDT is trading within the resistance range of $240 to $250. This zone is pivotal as it represents a battleground between buyers and sellers. Should the price breach the $250 mark, BCH could eye levels such as $300, $400, and even $500.

On the flip side, if the $250 resistance holds, we might see a retracement. In this scenario, the support level to watch is at $186. A dip to this level could provide a healthy correction and set the stage for the next bullish leg.

Breakout and Targets
The make-or-break point for BCH/USDT is at $250. A clean breakthrough here could unleash BCH's potential to explore $300, $400, and $500. Keep a close watch on this level, as sustained movement beyond it might herald a new bullish phase.

Key Levels Recap

Support: $186
Resistance: $250, $309, $400, $500

Stay tuned for more updates!

Crypto Patel

09 Aug 2023 06:14

Moody’s Cuts Ratings Of 10 U.S. Banks, Says May Downgrade Large Lenders

Source: BQ Prime

Crypto Patel

09 Aug 2023 05:16

💰 BlackRock insiders say spot Bitcoin ETF approval expected in "four to six months" - Mike Novogratz

Crypto Patel

08 Aug 2023 19:08

ETH/USDT Technical Analysis: Potential Bearish Signal with Head & Shoulders Pattern $ETH

Current Situation:
Ethereum (ETH) is currently trading at around $1853. Traders have noticed an interesting pattern on the higher timeframe (HTF) charts – the Head & Shoulders formation. However, let's remember that informed trading decisions are key, and blind actions can be risky.

Bearish Scenario:
A breach below the neckline support at the $1760 level could trigger the bearish aspect of the Head & Shoulders pattern. This might lead to a potential decline towards $1432 and $1140, where buyers might re-enter the market.

Bullish Rejection Scenario:
On the flip side, if the price breaks upward past the $2050 level, the validity of the Head & Shoulders pattern could be rejected. This might lead to a bullish run toward the $2500 level.


Support: $1760, $1432, $1140
Resistance: $2050, $2500

Crypto Patel

08 Aug 2023 18:19

Bank stocks in US are under pressure early Tuesday after rating agency Moody's downgraded ten small regional banks and placed several larger banks on review for downgrades.
Moody's said the rating action reflects the ongoing strain in the US banking sector, including increased funding pressures and potential regulatory capital weaknesses rising risks associated with commercial real estate exposures.

Crypto Patel

08 Aug 2023 13:00

Hit like and retweet if you agree.

Link
https://twitter.com/CryptoPatel/status/1688867626733178880

Crypto Patel

08 Aug 2023 11:39

The purchasing power of 🇺🇸 $1 since 1930.

1930: $1
1960: $0.4
1990: $0.1
2023: $0.04

Crypto Patel

08 Aug 2023 06:04

📊 Data shows that the top 10 addresses holding Worldcoin ERC-20 tokens own 98.63% of its total supply of 10 billion WorldCoin

Crypto Patel

08 Aug 2023 03:21

Despite BTC surging by 75%, trade volume continued to fall in 2023 with nearly all exchanges registering double-digit declines in July relative to the year before.

Crypto Patel

07 Aug 2023 17:53

📊 Market Overview:

BTC : $28976
ETH : $1827.19
BNB : $241.22

⚡ Dominance :

BTC : 46.85 %
ETH : 18.25 %
Stables : 9.12 %

📈 Market Cap :

Total : 1.2T
DeFi : 45.95B
24hr Vol : 30.88B

Crypto Patel

07 Aug 2023 12:27

CME's Bitcoin futures market in July saw a volume of $55.78 billion, the highest level since January 2022

Crypto Patel

07 Aug 2023 10:28

Hit like and retweet if you agree.

Link
https://twitter.com/CryptoPatel/status/1688467037348122625

Crypto Patel

07 Aug 2023 06:22

📢 Attention Crypto Traders:-

$YGG is experiencing significant selling pressure as investors continue to dump the token!

Youbi Capital made a deposit of 1M $YGG ($613K) to #Binance 10 hrs ago and currently holds 11.6M $YGG ($7.11M).

Sfermion claimed 1.2M $YGG ($735K) and deposited it via #FalconX to Binance 12 hrs ago.

Wallet address:-
1)- 0x32aDbfc887bDa515D34f48350820539621Fb564a
2)- 0x281f92A17B905C231efc6275455008eb2a4dD313


Stay informed about the market trends and be cautious in your trading decisions.