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@KxCrypt
Crypto and Finance Enthusiast. Learning everyday and trying to educate anybody who's interested. Join and let's grow together 👊
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US job report! *Important*
Friday's U.S. jobs report revealed that employers added 175,000 jobs last month, falling short of economists' expectations for a 243,000 increase. Additionally, wages rose by 3.9% in the 12 months through April, below the anticipated 4.0% gain following a 4.1% increase in March.
These sort of job report is crucial for the market as it can dictate the market movement for the next few days or even weeks.
Surprisingly, even though the report is pretty weak compared to what was expected, the market still showed very good character and it's still moving in a positive manner. $BTC touched $62K today and I have made more post about this. Go check that out for the latest movement 🔥
Friday's U.S. jobs report revealed that employers added 175,000 jobs last month, falling short of economists' expectations for a 243,000 increase. Additionally, wages rose by 3.9% in the 12 months through April, below the anticipated 4.0% gain following a 4.1% increase in March.
These sort of job report is crucial for the market as it can dictate the market movement for the next few days or even weeks.
Surprisingly, even though the report is pretty weak compared to what was expected, the market still showed very good character and it's still moving in a positive manner. $BTC touched $62K today and I have made more post about this. Go check that out for the latest movement 🔥
What a great friday! 😀
After witnessing a depressing market for the past few days we finally saw some positive movement today and it's been great.
$BTC back again in the 62K range and its looking great. Current resistance is 62K so there's a possibility we could be stuck here for a while. But still, the recent movement has been very good.
Even though the recent job report were pretty weak compared to what was expected, the market did not let us down. I'm happy after watching this movement.
#TechnicalAnalysis #BTCUpdate
After witnessing a depressing market for the past few days we finally saw some positive movement today and it's been great.
$BTC back again in the 62K range and its looking great. Current resistance is 62K so there's a possibility we could be stuck here for a while. But still, the recent movement has been very good.
Even though the recent job report were pretty weak compared to what was expected, the market did not let us down. I'm happy after watching this movement.
#TechnicalAnalysis #BTCUpdate
$BTC update!
The last time BTC was this low, was back during the last week of February. This is the lowest BTC has been in the past 2 months. Alt coins are bleeding as well.
The worrisome part is, there's barely in support in this 57K range. Possible scenario is, BTC makes a new support here and slowly and steadily goes up or it goes further below. The question is how low? The low could be as low as 50-51K. If we see a 50K dip, that could mean the chances of bull run from current state is pretty much over.
Also, we've seen the news of arrest of CZ Binance. That could also have an effect on this market. Nonetheless, the market is bleeding and we pray this stops soon.
#TechnicalAnalysis #BTC
The last time BTC was this low, was back during the last week of February. This is the lowest BTC has been in the past 2 months. Alt coins are bleeding as well.
The worrisome part is, there's barely in support in this 57K range. Possible scenario is, BTC makes a new support here and slowly and steadily goes up or it goes further below. The question is how low? The low could be as low as 50-51K. If we see a 50K dip, that could mean the chances of bull run from current state is pretty much over.
Also, we've seen the news of arrest of CZ Binance. That could also have an effect on this market. Nonetheless, the market is bleeding and we pray this stops soon.
#TechnicalAnalysis #BTC
Will the history repeat? 👀
The pointed out months are when $BTC halving took place. and we can see after the last time the price absolutely sky rocketed. I understand, this does not give clear indication if the same will happen this time as well but one can only hope. And I for sure am hoping to see another rally right after the halving.
#btchalving
The pointed out months are when $BTC halving took place. and we can see after the last time the price absolutely sky rocketed. I understand, this does not give clear indication if the same will happen this time as well but one can only hope. And I for sure am hoping to see another rally right after the halving.
#btchalving
Ladies and gentleman, $REZ is here!!!
Congratulations to the dev team on launching REZ today on multiple platforms. Huge feat for them.
And to the traders, you guys are good to trade REZ right now. Head over to the trading page of Binance and start trading. Go make some money with REZ 😀
#BinanceLaunchpool #RENZOLAUNCHPOOL
Congratulations to the dev team on launching REZ today on multiple platforms. Huge feat for them.
And to the traders, you guys are good to trade REZ right now. Head over to the trading page of Binance and start trading. Go make some money with REZ 😀
#BinanceLaunchpool #RENZOLAUNCHPOOL
“In 2011 or so I cashed out 2-4 Bitcoins for a McDonald's meal.” — Kane Ellis, Aussie entrepreneur
This is a crypto success story of an Australian guy who made a small mistake that cost him a lot of money but luckily he turned it back around.
Born in South Australia, Kane Ellis has always been interested in technology. At 18 he launched a technology consulting company Nerd Herd. Then he went on to launch the CarSwap app. Still, his best investment was to begin mining bitcoin back in 2010 when a single coin cost only $1.60.
He only made one mistake. He sold 2-4 Bitcoins to buy a McDonald’s meal. In today’s terms, that burger, fries and coke could be worth 6-figures. Luckily, that was only a small portion of his holdings.
A few years later, he again sold a small portion of his holdings to indulge himself. But this time that small portion afforded a bright yellow $200,000 Maserati.
Story collected from Cointree.
#BinanceLaunchpool #SuccessStory
This is a crypto success story of an Australian guy who made a small mistake that cost him a lot of money but luckily he turned it back around.
Born in South Australia, Kane Ellis has always been interested in technology. At 18 he launched a technology consulting company Nerd Herd. Then he went on to launch the CarSwap app. Still, his best investment was to begin mining bitcoin back in 2010 when a single coin cost only $1.60.
He only made one mistake. He sold 2-4 Bitcoins to buy a McDonald’s meal. In today’s terms, that burger, fries and coke could be worth 6-figures. Luckily, that was only a small portion of his holdings.
A few years later, he again sold a small portion of his holdings to indulge himself. But this time that small portion afforded a bright yellow $200,000 Maserati.
Story collected from Cointree.
#BinanceLaunchpool #SuccessStory
$BNB price action update!
If you've been keeping tabs on the market, you already have seen current $BTC price action and it's pretty bland.
So I've been doing my regular market studies and and looking at my fav alt coins so now it's time for BNB.
BNB failed to break the same $610 resistance and did drop around 5%. But the good news it, the drop is already cleared and BNB is looking to retest the same resistance. Both 4H and 1H chart indicate the same.
All we gotta do is now wait. Which could be a very hard job to do as of now specially when the resistance has been a massive annoyance in the past few weeks. My personal target is $630 IF the $610 mark is broken.
#BNB #TechnicalAnalysis
If you've been keeping tabs on the market, you already have seen current $BTC price action and it's pretty bland.
So I've been doing my regular market studies and and looking at my fav alt coins so now it's time for BNB.
BNB failed to break the same $610 resistance and did drop around 5%. But the good news it, the drop is already cleared and BNB is looking to retest the same resistance. Both 4H and 1H chart indicate the same.
All we gotta do is now wait. Which could be a very hard job to do as of now specially when the resistance has been a massive annoyance in the past few weeks. My personal target is $630 IF the $610 mark is broken.
#BNB #TechnicalAnalysis
$ETH price action update!
Market has been sort of boring lately but the ETH price has been pretty interesting these past few days. More than 7% pump in the past 5 days or so. This is HUGE.
Here are 1H and 4H chart. And honestly they both look pretty bullish to me. The $3230 resistance has been broken pretty comfortably and that indicates we are going to see some comfortable price movement beyond this range. I like it a lot. Keep in mind, today was weekend and this DID NOT stop the price action.
A little more action in the market, a little more movement, a little more volume would set this market even at a better angle. Let's go.
#EthereumPower #TechnicalAnalysis
Market has been sort of boring lately but the ETH price has been pretty interesting these past few days. More than 7% pump in the past 5 days or so. This is HUGE.
Here are 1H and 4H chart. And honestly they both look pretty bullish to me. The $3230 resistance has been broken pretty comfortably and that indicates we are going to see some comfortable price movement beyond this range. I like it a lot. Keep in mind, today was weekend and this DID NOT stop the price action.
A little more action in the market, a little more movement, a little more volume would set this market even at a better angle. Let's go.
#EthereumPower #TechnicalAnalysis
EPIC NFT SOLD FOR 33 BTC!! 👀🔥
The auction commenced on April 22 and saw 34 bids before an unidentified bidder won ownership rights to the epic sat — with “sat number 1,968,750,000,000,000.” The next closest competitor bid 20 Bitcoin for the rare sat.
“The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000),” CoinEx posted to X on April 25.”
#nft #btc
The auction commenced on April 22 and saw 34 bids before an unidentified bidder won ownership rights to the epic sat — with “sat number 1,968,750,000,000,000.” The next closest competitor bid 20 Bitcoin for the rare sat.
“The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000),” CoinEx posted to X on April 25.”
#nft #btc
Amidst the anticipated positive effect of the recently concluded Bitcoin Halving event, Ali Martinez, a well-known cryptocurrency analyst and trader has issued a noteworthy warning about BTC’s trajectory, predicting that the price of the crypto asset could undergo a correction to the $59,000 mark.
Martinez’s analysis delves into the potential for Bitcoin to experience possible dives on the downside in the short term. Considering the BTC’s chart in the 12-hour timeframe, the analyst noted that two signals have manifested signaling potential price declines.
These include a red candlestick from the TD (Tom Demark) Sequential and a death cross between the 50 and 100 Simple Moving Average (SMA). As a result, Martinez believes that the development could trigger a price drop to $63,300. Additionally, he urged the community to be ready for further dips to around $61,000 and $59,000.
What do you guys think? Is it actually possible?
$BTC #technical_analysis #predictions
Martinez’s analysis delves into the potential for Bitcoin to experience possible dives on the downside in the short term. Considering the BTC’s chart in the 12-hour timeframe, the analyst noted that two signals have manifested signaling potential price declines.
These include a red candlestick from the TD (Tom Demark) Sequential and a death cross between the 50 and 100 Simple Moving Average (SMA). As a result, Martinez believes that the development could trigger a price drop to $63,300. Additionally, he urged the community to be ready for further dips to around $61,000 and $59,000.
What do you guys think? Is it actually possible?
$BTC #technical_analysis #predictions
U.S. prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering.
Lawyers for Zhao requested probation. U.S. District Judge Richard Jones is expected to sentence Zhao on April 30.
#Binance #Changpeng.CZ.Zhao
Lawyers for Zhao requested probation. U.S. District Judge Richard Jones is expected to sentence Zhao on April 30.
#Binance #Changpeng.CZ.Zhao
$ETH update!
It's been a few weeks I've talked about ETH so here goes.
There's been some positive news about ETH today in the market as it's been heard whales are showing in Ethereum right now.
The recent dump in the market has definitely hurt the Ethereum just like any other alt coin. According to expert technical analysis, Ethereum is currently looking bearish as it is trading below the lower level of the past 4 trading days. If the daily time frame gives a closing below this level, then there is a high possibility that in the coming days, the price will hit the $2,980 level. However, there is also a chance that it may touch the 200 EMA (Exponential Moving Average) which is at the $2,750 level.
So, my suggest will be, be mindful of your investments right now. The entire market is volatile. Keep balance in hand so you can rush in if there's any opportunity.
#EthereumPower #Ethereum
It's been a few weeks I've talked about ETH so here goes.
There's been some positive news about ETH today in the market as it's been heard whales are showing in Ethereum right now.
The recent dump in the market has definitely hurt the Ethereum just like any other alt coin. According to expert technical analysis, Ethereum is currently looking bearish as it is trading below the lower level of the past 4 trading days. If the daily time frame gives a closing below this level, then there is a high possibility that in the coming days, the price will hit the $2,980 level. However, there is also a chance that it may touch the 200 EMA (Exponential Moving Average) which is at the $2,750 level.
So, my suggest will be, be mindful of your investments right now. The entire market is volatile. Keep balance in hand so you can rush in if there's any opportunity.
#EthereumPower #Ethereum
