It seems like #Bitcoin has returned to its previous lows once again. The current price action may be uneventful or unexciting, but there is a possibility that if it falls below $29,000, it could experience a significant and harsh downward movement, possibly breaching the recent lows. Investors should closely monitor the market dynamics to make […]
The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is set to make a historic announcement at the upcoming summit, signaling a significant shift in the global order. According to credible sources, the alliance is expected to unveil the addition of several new member countries to its ranks, expanding its influence and reach […]
As the cryptocurrency market continues its rollercoaster ride, Bitcoin ($BTC) remains in focus for traders and investors worldwide. In this late-night update, we’ll delve into the lower time frames of the BTC/USD pair to gain deeper insights into its market structure and potential targets. Bearish Market Structure: Taking a closer look at the lower time […]
Bitcoin dominance is experiencing a downward trend, coupled with a period of sideways price movement, signaling the potential for a substantial altcoin season. This article explores the current market dynamics and suggests that now is an opportune moment to consider investing in altcoins. We’ll analyze Bitcoin’s price pattern, discuss the implications of the rising wedge […]
The current Crypto Market cap stands at [Current Market Cap Value]. As we analyze the market, two potential scenarios emerge. For some, it could signal a Dead Cat Bounce (DCB) during a bear market. Alternatively, for the optimists, this might mark the beginning of a Bull Run. 🐻 Final Boss for the Bears: $1.63 Trillion […]
Bitcoin In my opinion, predicting the precise next move of Bitcoin’s price, whether it will reach $28K or $32K, is challenging due to the inherent volatility of the cryptocurrency market. While technical analysis can provide insights into potential support and resistance levels, it’s important to remember that the cryptocurrency market is influenced by a multitude […]
The Bitcoin market has seen some promising signs lately, with bullish sentiment taking over. However, it’s essential to remain cautious as we navigate through these uncertain times. 💡 Bitcoin is bottomed out & Currently in Accumulation Phase. 💡 Experts believe that Bitcoin has found its bottom and is now in an accumulation phase. This presents […]
In the not-so-distant past, Non-Fungible Tokens (NFTs) were the talk of the town, with skyrocketing prices and bustling communities. However, as time passed, the NFT market has experienced a dramatic decline, leaving it in a state of stagnation. Many argue that the NFT bubble has burst, resulting in dwindling interest, inactive communities, and a general […]
Major Trendline and 31k S/R level: A trendline is a line drawn on a price chart that connects important price points. A significant level of support and resistance (S/R) is observed at the $31,000 price level. 5 Consecutive Candle Closes below key level: If the price of Bitcoin has closed below the critical $31,000 level […]
1. No taxes on Bitcoin Biden wants to kill crypto by removing tax loopholes on crypto traders and slapping Bitcoin miners with hefty rates. RFK Jr. on the other hand wants to make Bitcoin exempt from capital gains taxes when converting BTC to USD. A world without taxes on Bitcoin, yes please! Sign me up! […]