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*** Here are the notes and assessments from BeInCrypto:
+ BTC's peak will be the $73,000 price zone as the official peak of 2024.
+ Bitcoin has just shown a price rejection behavior when it just increased to $73,000. BTC's best support is at $57,000, equivalent to the neckline of the model.
+ Whether BTC price completes the price measurement of the model or not will depend on whether BTC breaks out of this support or not.
+ If it breaks $57,000, BTC could fall to the $42,000 area according to the price measurement of the model, equivalent to the price before BTC ETF was officially approved by the SEC.
+ The weekly technical signal supporting the possibility of a price decrease is that MACD-H is forming a negative histogram.
$BTC
+ BTC's peak will be the $73,000 price zone as the official peak of 2024.
+ Bitcoin has just shown a price rejection behavior when it just increased to $73,000. BTC's best support is at $57,000, equivalent to the neckline of the model.
+ Whether BTC price completes the price measurement of the model or not will depend on whether BTC breaks out of this support or not.
+ If it breaks $57,000, BTC could fall to the $42,000 area according to the price measurement of the model, equivalent to the price before BTC ETF was officially approved by the SEC.
+ The weekly technical signal supporting the possibility of a price decrease is that MACD-H is forming a negative histogram.
$BTC
See original
*** Here are the notes and assessments from BeInCrypto:
+ BTC's peak will be the $73,000 price zone as the official peak of 2024.
+ Bitcoin has just shown a price rejection behavior when it just increased to $73,000. BTC's best support is at $57,000, equivalent to the neckline of the model.
+ Whether BTC price completes the price measurement of the model or not will depend on whether BTC breaks out of this support or not.
+ If it breaks $57,000, BTC could fall to the $42,000 area according to the price measurement of the model, equivalent to the price before BTC ETF was officially approved by the SEC.
+ The weekly technical signal supporting the possibility of a price decrease is that MACD-H is forming a negative histogram.
$BTC
+ BTC's peak will be the $73,000 price zone as the official peak of 2024.
+ Bitcoin has just shown a price rejection behavior when it just increased to $73,000. BTC's best support is at $57,000, equivalent to the neckline of the model.
+ Whether BTC price completes the price measurement of the model or not will depend on whether BTC breaks out of this support or not.
+ If it breaks $57,000, BTC could fall to the $42,000 area according to the price measurement of the model, equivalent to the price before BTC ETF was officially approved by the SEC.
+ The weekly technical signal supporting the possibility of a price decrease is that MACD-H is forming a negative histogram.
$BTC
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- According to the statistics of the performance of the top Cryptocurrency Pairs:
+ 1 month: PEPE/USD: 17.2%
+ Beginning of the year -> Today: PEPE/USD: 825.6%
PEPE is still a remarkable memecoin!
#binance #memecoin #PEPE✈
+ 1 month: PEPE/USD: 17.2%
+ Beginning of the year -> Today: PEPE/USD: 825.6%
PEPE is still a remarkable memecoin!
#binance #memecoin #PEPE✈
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The Consumer Price Index (CPI) measures changes in the prices of goods and services from the consumer perspective. It is the primary measure of changes in purchasing trends and inflation.
Higher-than-expected actual figures should be viewed as positive/upward, while lower-than-expected actual figures should be viewed as negative/downward.
$BTC $ETH $BNB #binance #TopCoinsJune2024 #cpi #CPIdata
Higher-than-expected actual figures should be viewed as positive/upward, while lower-than-expected actual figures should be viewed as negative/downward.
$BTC $ETH $BNB #binance #TopCoinsJune2024 #cpi #CPIdata
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Negative cash flow after 19 consecutive days of positive cash inflow.
Tuesday morning, Bitcoin price plummeted to $67,900. This marks a decline of more than 3.3% from Monday's peak of around $71,200.
*** Falling Bitcoin price caused $100 million in liquidations in the last 12 hours.
-Among them, 94.43 million USD is from Long positions
-While Short transactions saw liquidation worth 6.57 million USD.
#binance #bitcoin #btc #ETH
$BTC $ETH $BNB
Tuesday morning, Bitcoin price plummeted to $67,900. This marks a decline of more than 3.3% from Monday's peak of around $71,200.
*** Falling Bitcoin price caused $100 million in liquidations in the last 12 hours.
-Among them, 94.43 million USD is from Long positions
-While Short transactions saw liquidation worth 6.57 million USD.
#binance #bitcoin #btc #ETH
$BTC $ETH $BNB