📅 May 26, 2024 | 12:15 GMT+3

Current Bitcoin Price

Bitcoin (BTC/USD) is trading at $69,088, reflecting a slight decline of 0.33%, indicating a bearish sentiment.

Crypto Industry Hiring Surge

Despite Bitcoin's recent fluctuations, major cryptocurrency exchanges like Binance, Coinbase, and OKX are on a hiring spree, with over 1,200 job openings. This trend highlights the industry's optimism about future growth.

Key Hiring Moves:

Binance: 460 roles in compliance, user-focus, and innovation.Coinbase: 224 roles in legal, compliance, finance, and accounting.Bybit: 69 positions in sales, marketing, and engineering.OKX: 414 positions in finance, HR, and fraud risk departments.Crypto.com: 335 strategic roles to support market growth.Bitget: 106 roles in marketing and web3 development.Bitstamp: 6 roles including legal counsel and compliance officer.KuCoin: 9 senior compliance roles in Turkey and France.Gate.io: 37 positions despite regulatory challenges.HTX: 7 positions focusing on operations in Russia and compliance in Hong Kong.

Market Impact

The surge in hiring suggests strong industry growth and investor confidence, which could positively impact Bitcoin prices. As exchanges expand, increased market activity might drive up demand for Bitcoin, leading to potential price appreciation.

Bitcoin Technical Analysis

Current Price: $69,088 (-0.33%)Pivot Point: $68,747Resistance Levels: $70,000, $71,500, $73,000Support Levels: $68,500, $67,000, $65,900Relative Strength Index (RSI): 56.26 (neutral momentum)50-day Exponential Moving Average (EMA): $68,747 (provides significant support)

Price Prediction

To maintain bullish momentum, Bitcoin needs to break above $70,000, targeting $71,500 and $73,000. Conversely, a drop below $68,500 could lead to declines toward $67,000 and $65,900. Traders should monitor these levels for potential trading opportunities.

Last Chance to Invest in Dogeverse

Dogeverse, a growing meme coin network across multiple blockchains, has raised over $15 million, surpassing its initial target. Currently priced at $0.00031, the project is set for a price increase soon. This is the final opportunity to invest in Dogeverse at the current rate.

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