BTC VIP exclusive analysis: July 27 key turning point, bullish signals and short-term corrections coexist, 68K resistance becomes support and becomes the winner❗️
Bias: Medium-term: bullish Short-term: bearish
Daily price action is currently respecting its horizontal resistance Marked between 68967 and 68124
Recommended buying position: Near 67000, small position recommended, second position near 66000, small position recommended
Personal analysis🤔:
If price action turns its resistance area into support, we may see a squeeze in the liquidity level above, marked at 70020
This will indicate a potential upward trend and a continuation of the bullish trend
Remember to be greedy. Take profits and put them in the bag.
BTC rebounded to around 63,400 last night. The current price is back above 6.7w again!
BTC Yesterday was the first time that BTC tested the EMA20 daily support (currently at $64,000) on the daily line. It temporarily closed and rebounded slightly today. Bitcoin is in the range of $64,000-68,000. If it leaves this range, it will move out of a new trend.
The Bitcoin Conference is being held as scheduled. Tomorrow is the day when Trump will speak at the conference. The news has increased the uncertainty of the market outlook.
Let's wait patiently for the conference to end before continuing our operations. I am still bearish overall this week. I will continue to pay attention to the support of $64,000, but if it still does not fall below after the end of this week, then I will turn to bullish next week.
#Bitcoin❗ oin $BTC I read some celebrity speeches, for example: BlackRock's head of digital assets said that the driving force behind the creation of Bitcoin exchange-traded funds (ETFs) is customer demand, and he believes that these funds are just beginning to gain momentum.
Microstrategy founder Michael Saylor believes that 2024 is the first year that Bitcoin becomes mainstream. Robert Kennedy doubled down on his support for Bitcoin at the conference. He said: "I am a loyal supporter of Bitcoin. Most of my wealth is invested in Bitcoin"
(This shouting is a bit powerful😂) Looking forward to King of Understanding's appearance next, see what "shocking remarks" he can say$BTC #比特币大会 #美国大选如何影响加密产业?
"Uncovering the undercurrents in the crypto market: the truth and potential risks behind fake news pumping"
#BTC下跌分析 #德国政府转移比特币 #BinanceTurns7 Fake news can often trigger short-term price fluctuations in the cryptocurrency market, especially the pump effect, which has occurred in many market cycles in history, including the 2019 you mentioned. However, this pump driven by fake news is often accompanied by potential side effects and risks. The following are several phenomena and potential side effects that are worth paying attention to: Increased market volatility: Price fluctuations caused by fake news are often volatile. They may rise rapidly without substantial fundamental support, but they may also fall sharply in a short period of time. This high volatility increases the risk of the market and makes it difficult for investors to make rational decisions.
Binance’s 7th Anniversary Celebration: July 14th, the Dawn of a New Era in Cryptocurrency?
In the vast universe of the cryptocurrency world, Binance is like a shining star, leading the entire industry with its excellent trading platform, forward-looking strategic layout and profound industry influence. Now, as July 14th, Binance's seventh anniversary celebration, is approaching, the entire cryptocurrency community is immersed in a sea of expectation and excitement. Echoes of history: Last year's heroic rescue The violent fluctuations in the Bitcoin market last year are still a deep memory in the minds of many investors. In that storm, Binance and its founder Zhao Changpeng took action with extraordinary courage and determination. By setting up a $1 billion industry recovery fund, they not only stabilized market sentiment, but also directly promoted the strong rebound of mainstream currencies such as Bitcoin. This scene not only demonstrated Binance's responsibility and commitment as an industry leader, but also won it wide praise and respect.
1. What is TON? TON, the full name of Telegram Open Network, was originally the baby of Telegram. Later, due to some minor family disputes, it was adopted by a group of enthusiastic community members. Now it is still a good relative of Telegram, and Telegram has a built-in wallet, which is very convenient. Last year, the "gold coin rain" of $NOT tokens made TON popular all of a sudden, and the price soared, and recently it almost touched the ceiling of 8.1u. Now, it is sitting firmly on the throne of 7.68u. 2. How to choose a wallet? To play TON, a wallet is a must-have. TonKeeper, the name sounds reliable, it can be used on browsers and mobile phones, and can be downloaded from the official website, safe and worry-free.