bitcoin.
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🚨ALERT🚨
#Bitcoin is facing too much resistance to the top. You can expect some dips here & there, so trade accordingly managing your risk & DYOR.
Always be ready to switch if market swings agains your trade. It’s not wise to stake all your assets on a strategy. There’s no perfect strategy & no matter how someone hyped up their strategy, they’ll always fail most of the times, this is because of the nature of #bitcoin. No one truly knows the top & no one truly knows the bottom so always trade carefully.
It looks like at this point #BTC is acting in a limbo it might need a few dips to clear the way for new leg-ups..
Follow me for fast updates!
#bitcoineducation
#DYOR
#Bitcoin is facing too much resistance to the top. You can expect some dips here & there, so trade accordingly managing your risk & DYOR.
Always be ready to switch if market swings agains your trade. It’s not wise to stake all your assets on a strategy. There’s no perfect strategy & no matter how someone hyped up their strategy, they’ll always fail most of the times, this is because of the nature of #bitcoin. No one truly knows the top & no one truly knows the bottom so always trade carefully.
It looks like at this point #BTC is acting in a limbo it might need a few dips to clear the way for new leg-ups..
Follow me for fast updates!
#bitcoineducation
#DYOR
Why #Bitcoin has risen fast
#News Yesterday we also experienced a rapid rise in #bitcoin.
Let's take a look at why this rise has come. In short, to summarize, expectations continue to be bought after the #Blackrock Spot ETF application. We have completely decoupled from global markets and returned to a big uptrend only with this ETF expectation. Another issue supporting the rise here is the very serious volume and price increase in #Greyscale's #Btc fund (GBTC).
If the BlackRock ETF is approved, it will have a positive impact on GBTC's application. As a result, GBTC will actually turn into an ETF. They had been eaten RED by spot before. Investors are pricing that the GBTC fund in the derivatives market will also turn into an ETF today, and this indirectly pushes up the price in bitcoin. #dyor
I hope that the Blackrock ETF application will not be decided by the SEC with a negative result. If this happens, we will have a disaster. There must be a RED eating situation in the corner of our mind. The decision will be announced on average in 35-40 working days. As for Bitcoin, our main resistance and support point is $ 29,200, our important resistance levels. $28,000 is also our support levels that are waiting for us below. The upper channel fracture zone that we see in the graph is the 31.400 region.
#crypto2023
Let's take a look at why this rise has come. In short, to summarize, expectations continue to be bought after the #Blackrock Spot ETF application. We have completely decoupled from global markets and returned to a big uptrend only with this ETF expectation. Another issue supporting the rise here is the very serious volume and price increase in #Greyscale's #Btc fund (GBTC).
If the BlackRock ETF is approved, it will have a positive impact on GBTC's application. As a result, GBTC will actually turn into an ETF. They had been eaten RED by spot before. Investors are pricing that the GBTC fund in the derivatives market will also turn into an ETF today, and this indirectly pushes up the price in bitcoin. #dyor
I hope that the Blackrock ETF application will not be decided by the SEC with a negative result. If this happens, we will have a disaster. There must be a RED eating situation in the corner of our mind. The decision will be announced on average in 35-40 working days. As for Bitcoin, our main resistance and support point is $ 29,200, our important resistance levels. $28,000 is also our support levels that are waiting for us below. The upper channel fracture zone that we see in the graph is the 31.400 region.
#crypto2023
BREAKING🚨 : MicroStrategy $MSTR has acquired an additional 📈5,445 $BTC worth ~$147.3 million at an average price of $27,053 per #bitcoin.
Total BTC Holdings: 158,245 BTC (approximately $4.68 billion)
Making the average buying price to $29,582 per bitcoin
They continue to be one of the biggest #BTC Holders.💼
But this makes us wonder, what happens when he sells❓🧐
#Microstrategy
Total BTC Holdings: 158,245 BTC (approximately $4.68 billion)
Making the average buying price to $29,582 per bitcoin
They continue to be one of the biggest #BTC Holders.💼
But this makes us wonder, what happens when he sells❓🧐
#Microstrategy
Today the market follows Harry Styles🎼' lyrics "I'm Falling Again." All metrics go down, money disappears from circulation. 🕯️The only candlelight in the darkness is the weekly RSI. Hope and faith do not cloud 😶🌫️the future of #bitcoin. Keep calm 🧘, buy red and sell green. $BTC $ETH $USDT dominance increases🤫. #CryptoTrends
Bitcoin has the potential to change games overnight!
Keep accumulating #bitcoin.
#btc #Bitcoin has the potential to change games overnight!
Keep accumulating #bitcoin.
#Write2Earn
Keep accumulating #bitcoin.
#btc #Bitcoin has the potential to change games overnight!
Keep accumulating #bitcoin.
#Write2Earn
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Grayscale CEO: The launch of spot BTC-ETFs will give Bitcoin access to the $30 trillion market.
GetBlock Magazine - What happened? The CEO of the investment company Grayscale, Michael Sonnenschein, notes investor optimism regarding Bitcoin due to the possibility of the imminent launch of spot exchange-traded funds (ETFs) based on it in the United States. He noted that the approval of such products by the SEC securities regulator will give Bitcoin access to the US market for asset management services, which is currently valued at $30 trillion.
CNBC material
#bitcoin. #Ethereum.
GetBlock Magazine - What happened? The CEO of the investment company Grayscale, Michael Sonnenschein, notes investor optimism regarding Bitcoin due to the possibility of the imminent launch of spot exchange-traded funds (ETFs) based on it in the United States. He noted that the approval of such products by the SEC securities regulator will give Bitcoin access to the US market for asset management services, which is currently valued at $30 trillion.
CNBC material
#bitcoin. #Ethereum.
Bitcoin price predictions vary widely, influenced by factors like market demand, regulatory developments, and macroeconomic trends. While some analysts foresee continued growth, others highlight the volatility inherent in cryptocurrency markets, making accurate predictions challenging. Investors should approach such forecasts with caution and consider the dynamic nature of the crypto market.💲💲💲🚀🚀🚀
#Write2Earn #bitcoin. #btc #eth $BTC $ETH $BNB
#Write2Earn #bitcoin. #btc #eth $BTC $ETH $BNB
Tue , 5/12/2023 News Round Up
Bloomberg says this is the start of a fresh crypto supercycle that will push #Bitcoin above $500,000.
Crypto.com Obtains Electronic Money Institution License from UK Financial Regulator!
#Tether holdings of BTC currently have a profit of $1.1 billion (+85%).
Tether currently holds a total of 57,576 BTC ($2.4B), with a cost of $22,480 per #bitcoin.
🇺🇸 Bitwise filed another amendment to its spot #Bitcoin ETF application with the SEC.
💲
🇺🇸 BlackRock filed an updated version of its spot #Bitcoin ETF application with the SEC.
💲
🇧🇷 Brazil's largest bank, Itau Unibanco, launches cryptocurrency trading services.
Bitwise and BlackRock have updated their applications for the spot BTC-ETF.
Max Keiser Sparks Rumors of Qatar’s Sovereign Fund Eyeing $500 Billion in #Bitcoin.
FTX/Alameda wallet withdrew 1.5 million $SOL (~$90 million) from staking and transferred it to Coinbase
💲
#MU_Trader #MU_Traders
Bloomberg says this is the start of a fresh crypto supercycle that will push #Bitcoin above $500,000.
Crypto.com Obtains Electronic Money Institution License from UK Financial Regulator!
#Tether holdings of BTC currently have a profit of $1.1 billion (+85%).
Tether currently holds a total of 57,576 BTC ($2.4B), with a cost of $22,480 per #bitcoin.
🇺🇸 Bitwise filed another amendment to its spot #Bitcoin ETF application with the SEC.
💲
🇺🇸 BlackRock filed an updated version of its spot #Bitcoin ETF application with the SEC.
💲
🇧🇷 Brazil's largest bank, Itau Unibanco, launches cryptocurrency trading services.
Bitwise and BlackRock have updated their applications for the spot BTC-ETF.
Max Keiser Sparks Rumors of Qatar’s Sovereign Fund Eyeing $500 Billion in #Bitcoin.
FTX/Alameda wallet withdrew 1.5 million $SOL (~$90 million) from staking and transferred it to Coinbase
💲
#MU_Trader #MU_Traders
$BTC Big-Picture Trend...!
Hello Traders,
Happy holiday everyone, Today I wanna talk about #bitcoin.
#bitcoin Breakout the demand zone at 56,855 that holds $BTC still 28 Feb. This breakout demand zone made Bitcoin price fall 16% last week to the zone; 56,900- 52,344.
#Bitcoin confirmed a bearish trend. if Bitcoin can break the supply zone at 56,880 we will see Bitcoin at 52K price.
Hello Traders,
Happy holiday everyone, Today I wanna talk about #bitcoin.
#bitcoin Breakout the demand zone at 56,855 that holds $BTC still 28 Feb. This breakout demand zone made Bitcoin price fall 16% last week to the zone; 56,900- 52,344.
#Bitcoin confirmed a bearish trend. if Bitcoin can break the supply zone at 56,880 we will see Bitcoin at 52K price.
The future of #NFT is on #bitcoin.
If we're talking about self-custody and #ownership , there's no doubt NFTs are a big part of it. With the #RWA sector growing, soon they'll be even more important. Whether you invest in a real world asset, membership or just art, you'll want a digital proof to show for it.
The problem with #ethereum is; as decentralized as it is, it still depends on centralized services to some extent. Take aws as an example. Without it, there would be no images displayed in your precious NFT collection.
What Bitcoin brings to the table is that everything can be inscribed to live forever on-chain. images, audio, gif or video without depending on aws, azure or any other 3rd party of that sort.
Do not forget BITCOIN is the only TRULY decentralized network and anything that is inscribed on-chain is truly yours forever.
If we're talking about self-custody and #ownership , there's no doubt NFTs are a big part of it. With the #RWA sector growing, soon they'll be even more important. Whether you invest in a real world asset, membership or just art, you'll want a digital proof to show for it.
The problem with #ethereum is; as decentralized as it is, it still depends on centralized services to some extent. Take aws as an example. Without it, there would be no images displayed in your precious NFT collection.
What Bitcoin brings to the table is that everything can be inscribed to live forever on-chain. images, audio, gif or video without depending on aws, azure or any other 3rd party of that sort.
Do not forget BITCOIN is the only TRULY decentralized network and anything that is inscribed on-chain is truly yours forever.