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Bitcoin is currently experiencing a downward trend and has been unable to maintain the $56,500 support level. There is a lot market panic due to the Mt. Gox distribution and the sale by the Germany Government. We may observe some sideways movement shortly, and we will have to wait and see how the market responds. Major Weekly Support Area: $52,000-$53,500 Resistance Area: $56,500-$57,000 $BTC #US_Job_Market_Slowdown #BinanceTournament #CPIAlert
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Yesterday, US spot Bitcoin ETFs report $130 million in net inflows, largest influx in three weeks $BTC #ETH_ETFs_Approval_Predictions #US_Inflation_Easing_Alert
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Btc 65k$+ SOON $BTC #BinanceTournament #btc
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#Altcoins #Accumulation → #Markup → #Expansion
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#FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged. The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far. The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken. As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish. $FTM #CryptoPCEWatch #BinanceTournament #BTCFOMCWatch
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