“Germany transferred another 4,700 BTC, which will likely be sold. They started with 49,800 BTC and are now halfway there, currently holding 22,845 BTC.”
The price is challenging the 200-day EMA again as the short-term resistance is also moving in confluence with the provided support trendline.
In the short term, it looks like we will reclaim this 200-day EMA as support to possibly reach another bullish stance once again.
Yesterday's ETF data is giving us good results with total inflows of $294 million.
Reclaiming above this area as support again will send the minimum BTC to $72k.
At this point, use the concept of 'margin of safety' if you haven't entered BTC from the bottom up. This will most likely become the last price cut before the next price increase.
Primary macro analysis #DOGEoffers 10 times more opportunities? Amidst the chaos, there can be opportunity. DOGE has made a complete retracement to the 88.6% Fib level. This is a ride or die coin at this point and the only way to count the larger 4 degree wave is a triangle.
❗️ Bitfinex Securities has announced its intention to refund all investors in the construction of the Hampton by Hilton hotel complex at El Salvador International Airport.
The company failed to raise the minimum $500,000 in funding needed to continue. The project only earned 342,000 USD - less than 5.5% of the original plan of 6.25 million USD.
➡️ This week the market welcomed a series of important macro news, the focus being 2 testimony between FED Chairman Powell before the Joint Economic Committee and 2 inflation prediction indexes CPI/PPI. With BTC being in a sensitive area, macro news is likely to strongly affect the price line and requires attention.
Full summary of instructions to participate in V2 bArtio BeraChain Testnet - Blockchain Layer1
Link to specific instructions with photos: https://docs.google.com/document/d/1_LVotghfi1V-Vgn3PJbbrbq8Dj9K55k1gGzxEUEi3ow/edit?usp=sharing #Berachainannounced the launch of V2 bArtio Testnet. This is a Layer1 Blockchain built on top of Cosmos SDK with Tendermint and BFT consensus mechanism. With a completely new story Proof of Liquidity (PoL)
Berachain Raisefund
- Latest Series B round of 100M, led by Framework Ventures
- Series A in the previous round raised to 42M, led by: Polychain
- Total raisefund dc 142M$ And valued at 420 million USD
According to Arkham, the German Government transferred a total of 500 BTC to Bitstamp and Coinbase (250 BTC each), worth approximately $27.9 million, at 14:48 UTC+8 today and transferred 500 BTC to an address unmarked: 139PoP…H7ybVu, worth about $27.9 million, may be the deposit address of an institution or OTC service.