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Bitcoin Trend Update : Bitcoin Plunges to a Week-Wide Low A few hours ago, traders' trepidation ahead of US inflation statistics and the Federal Reserve's monetary policy decision caused $BTC to tremble. Before changing hands at $68,200, the biggest digital asset fell as much as 2.5% ($67,899) to a one-week low. With the help of inflows into specialised US exchange-traded funds, $BTC reached a record high of $73,847.8 in March, but it has since struggled to reach new heights. #IOprediction #altcoins #bitcoin #Binance200M

Bitcoin Trend Update : Bitcoin Plunges to a Week-Wide Low

A few hours ago, traders' trepidation ahead of US inflation statistics and the Federal Reserve's monetary policy decision caused $BTC to tremble.

Before changing hands at $68,200, the biggest digital asset fell as much as 2.5% ($67,899) to a one-week low.

With the help of inflows into specialised US exchange-traded funds, $BTC reached a record high of $73,847.8 in March, but it has since struggled to reach new heights.

#IOprediction #altcoins #bitcoin #Binance200M

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BITCOIN TREND : DOUBLE TOP

It was about $70K, so the weekend was as quiet as it could be. The start of the week was not the best; it was slightly below the psychological threshold.

The $BTC daily chart indicates the construction of a "double top," but in order to identify the reversal pattern, you must first break through below $67K and at least descend to the base where the second top formed. Prerequisites exist, however they are not as important just yet.

I keep a close eye on the buyer's behaviour in the near future. Should there be no activity, the $67K test will be administered. More about the circumstances. The image is not quite clear as of yet. I watch in order to decide.
#Binance200M #BnbAth #bitcoin #BTC #FIT21
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Breaking News 💥: UXLINK Community NFT Ownership Addresses Exceed #Notcoin👀🔥 Key Insight ◦ The quantity of UXLINK on-chain NFT exceeds that of Notcoin. ◦ On UXLINK, there are currently 4.7 million asset-holding addresses. With more than 1.5 million holders overall, the first season of UXLINK's #NFTs has concluded its snapshot. A third-party analysis indicates that the quantity of UXLINK on-chain NFT ($UXLINK token airdrop voucher) holders is similar to the number of unique $NOT token holding addresses at present, significantly surpassing NOTCOIN's previous figure of 220,000 unique addresses. Moreover, #UXLINK boasts hundreds of thousands of daily active users on-chain, peaking at over a million daily, significantly exceeding NOTCOIN's daily active users. It also revealed to me, upon reading Dune's data analysis, that there are now 4.7 million asset-holding addresses on UXLINK. These individuals are UXLINK asset holders either now or in the future because they have invited friends, finished tasks, and possess UXUY points. Brothers, what's the degree of user base here? You only need to consider it to understand the enormity of this undertaking. To be honest, UXLINK might break the record for this year's biggest airdrop and TGE participation. I guess we should ask Guinness World Records to confirm this. Let us observe and see 🫢. #BinanceTournament #BTCFOMCWatch #CPIAlert #ETHETFsApproved
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Bitcoin Trend: Bitcoin is battling to break through resistance ! Why ? $BTC is having difficulties. For various reasons, $BTC is having trouble surpassing the $70,000 mark. One of the primary reasons is the severe lack of buying power. Prior to this, large capital inflows caused the price of $BTC to hit all-time highs. The situation of the market indicates that less and fewer new buyers are willing to make these substantial investments. It's getting harder for $BTC to break through the psychological $70k barrier due to a lack of buying demand.#BTCFOMCWatch #CPIAlert #ETHETFsApproved #TopCoinsJune2024 #bitcoin An other crucial element is the alteration in institutional conduct. Despite being essential to $BTC previous rallies, institutions are now withdrawing their capital from Bitcoin ETFs. People seeking higher returns in other asset classes or fresh advancements in the bitcoin space are partly to blame for this shift.
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#UXLINK is outperforming #NOTCOIN ! 🔥 A Reputable Project With Long-Term Value Take note: Over 10 million users have registered with UXLINK! Key Point ◦ Recognize what a UXLINK registered user is ◦ What is the UXLINK Authenticity? We must first comprehend what a registered user is in order to fully appreciate why having 10 million users is such an amazing achievement. #UXLINK takes a different approach than classic web3 projects, which usually count each individual wallet address as a user. Since most individuals actually utilise numerous wallets, those who do so in order to make quick gains have the potential to distort user data and complicate reward distributions. Furthermore, project teams may have to work harder as a result of false addresses. In order to efficiently screen out bogus accounts, #UXLINK defines a registered user as someone who completes three easy steps to validate their identity. This indicates that your involvement and interactions are valued and acknowledged as a legitimate user of #UXLINK. You make real connections with people when you participate in the project and interact with the community. Authenticity of #UXLINK ? ◦ To give investors a sense of confidence. ◦ Obtaining high-caliber investment. ◦ Provides a positive vision for UXLINK's future to its users. Going forward, #UXLINK will provide us with distinctive experiences and services. https://dapp.uxlink.io
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Bitcoin Daily Trend Analysis 🧐 We are testing a critical area of assistance. The price fell to $66K in an attempt to break through, but there was no discernible consolidation below $67K. The $BTC chart shows the formation of a "double top," but it won't be complete until the price breaks through to the pattern's bottom. There's still a chance that the price would fluctuate sideways between $72K and $67K till then. The US Federal Reserve meeting today could impact the market. Additionally, the SEC is being urged to lower interest rates by a group of US senators. The reality is that the economy is in danger and may enter a recession as a result of the Fed's current policies. Consequently, there is no possibility of a decline. #ETHETFsApproved #IOprediction #Binance200M #TopCoinsJune2024 #bitcoin
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BITCOIN TREND : DOUBLE TOP It was about $70K, so the weekend was as quiet as it could be. The start of the week was not the best; it was slightly below the psychological threshold. The $BTC daily chart indicates the construction of a "double top," but in order to identify the reversal pattern, you must first break through below $67K and at least descend to the base where the second top formed. Prerequisites exist, however they are not as important just yet. I keep a close eye on the buyer's behaviour in the near future. Should there be no activity, the $67K test will be administered. More about the circumstances. The image is not quite clear as of yet. I watch in order to decide. #Binance200M #BnbAth #bitcoin #BTC #FIT21
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