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Hold on. So Gensler claims BUSD and BNB are securities in their lawsuit, while the CFTC claims they are commodities in their ongoing lawsuit filed only weeks ago. And Gensler claims "regulations are clear"... #BTC #BNB #BUSD. #SEC #crypto2023 $BUSD $BNB

Hold on. So Gensler claims BUSD and BNB are securities in their lawsuit, while the CFTC claims they are commodities in their ongoing lawsuit filed only weeks ago. And Gensler claims "regulations are clear"...

#BTC #BNB #BUSD. #SEC #crypto2023

$BUSD $BNB

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#BTC/USDT Technical Analysis Bitcoin (BTC) is exhibiting consolidation patterns within a defined rectangular channel, demonstrating resilience above the mid-channel trendline. The **100-day Moving Average (MA)** is currently serving as a pivotal support level, reinforcing the significance of the mid-channel trendline. A decisive breakout from the upper boundary of the channel could potentially signal the onset of a bullish trend, characterized by sustained upward momentum. Conversely, a breach below the mid-channel trendline support, particularly if accompanied by significant trading volume, may precipitate a continuation of lateral movement within the channel's confines. Investors and traders should monitor these key levels closely, as a confirmed breakout or breakdown will likely dictate the short to medium-term market sentiment for BTC/USDT. --- This revised analysis provides a clear and concise overview of the current market situation for Bitcoin, with an emphasis on the critical support provided by the 100-day MA and the potential implications of a breakout or breakdown from the channel. Remember, it's important to consider various market factors and conduct thorough research before making any investment decisions. $BTC #bitcoin #Binance #BTCUSDT #btc70k
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This sold for 500 ETH ($1,900,000) in December 2021. 😂 🤡 😂 🤔 Now the highest offer is 0.03 ETH ($110) Where did NFTs go wrong? #NFT #NFTSCAM #ETH
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FLOKI TO BUILD ITS NEXT SCHOOL IN INDIA! . . . . This is their next step of the philanthropic mission to build schools in developing nations around the world. IMO, that's the best thing any project can do because educating people is the best way to help them become financially free. $FLOKI #FLOKI✅ #indiaceyptotax
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China-Related Alts Are About To Explode
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- **Markus Thielen's Prediction**: - Believes Bitcoin will reach a new all-time high. - Spotted a "head and shoulders" pattern indicating a potential rally towards **$83,000**. - **Current Resistance**: - Bitcoin faced resistance and retreated to just over **$69,000** on June 7. - Despite this, the bullish chart pattern remains in play. - **Economic Factors**: - Global central bank easing cycle has begun with rate cuts in Canada and Europe. - US economic slowdown could lead to reduced inflation. - **US Employment Data**: - Unemployment rate increased to **4.0%**. - Number of jobs added was higher than expected. - **Bitcoin's Market Movement**: - Price increased by **3.1%** with **$4.8 billion** inflows last week. - Predicted rally was **5.8%**, based on regression analysis. - **Inflow Analysis**: - Around **$13 billion** in new inflows needed to hit the **$83,000** target. - A breakout above **$71,600** could lead to more buying. - **Market Sentiment**: - Lower US employment and inflation data may support new highs for Bitcoin. - Long-term holder selling is currently preventing price increases. - **Bitcoin's Trading Price**: - Trading at **$69,420**; found support after a **2.5%** decline. - Needs to break **$71,500** for further upward momentum. Keep an eye on the market trends and economic indicators for Bitcoin's next move! 👀💼 #bitcoin #btc70k #BTC☀️ #btcusdt
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