#BTC continues it drop and even goes below the zone, also pr | ENSIGN TRADING on Binance Square

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#BTC continues it drop and even goes below the zone, also price pin precisely rejected the key area and turning the break into the fakeout. Well, this could be a reversal but have to see the news upcoming in NY Open Time.
#BTC☀ 

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Extending the support on the left, #BTC exactly bounced from the support zone around $59,500 and strong reacting. There's still a lot of bearish momentum on the left or it might be just a pullback, so can't just anticipate a clean reversal. #BTC☀

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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. #FTMUSD

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🇺🇸 SEC stopped investigating the status of Ethereum, MicroStrategy bought 11,931 BTC, Notcoin will abandon the idea of a clicker game, the Winklevosses donated $2 million in bitcoins to Trump and other events of the past week. We tell you what happened in the cryptocurrency market over the past week: 🪙 Bitcoin price dropped to $64,000 The first cryptocurrency started the week above $66,000, but already fell to $65,000 on Monday, June 17. On Friday, June 21, the digital gold failed the $64,000 level. 👀 SEC ends investigation regarding Ethereum's status The enforcement division of the US Securities and Exchange Commission (SEC) has closed its investigation into Ethereum 2.0. This is stated in a statement by ConsenSys. The SEC took this step after the organization sent a letter requesting clarification of the asset class when approving spot ETH-ETFs. 📈 MicroStrategy has bought 11,931 BTC and issued $800 million worth of stock MicroStrategy acquired an additional 11,931 BTC for $785 million (~$65,883 per coin) using convertible bill proceeds and excess cash. In total, the firm now holds 226,331 BTC, acquired for roughly $8.33 billion. At the time of writing, these assets are valued at $14.5 billion

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💰 Bitcoin has reached near a support level at $60,000. Both BTC and ETH are now in a support area. If they bounce back from here and reclaim the 100-day EMA, it will be a bullish sign. Otherwise, we might see a deeper correction.

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#Ethereum⚪️ has performed better than Bitcoin in the last two weeks. Now the price is moving in the channel of an ascending flag pattern, these fluctuations can be considered to correct the upward step that the price has already done, so the trend is still upward. Seeing the change from green to red candles, I am assuming that the market is witnessing a period of uncertainty and doubt. If Ethereum moves to hit a new high vs late May, we can consider higher prices because the chart structure changed. As long as the May high holds as resistance, we continue aiming lower.

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