The week is off to a good start for the king of cryptocurrencies. In fact, the Bitcoin price rises by 6.5% in 24 hours. BTC is now up 6% in one week: The price is up 15% in one month, and 65% in three months. Against Ethereum, BTC climbs 2.4% in 24 hours, and almost 4% in one month. As a response regarding a spot Bitcoin ETF approaches, BTC is regaining strength. TOWARDS A BITCOIN BEYOND $50,000? The year 2023 ended very well for BTC which posted an increase of 155% in 12 months. Weekly, buyers defended the support level located at $41,500: The price is heading towards the next resistance located at $47,000. At the resistance level, the price could slow down. However, if the level gives way, BTC could then head towards the next resistance located at $51,000. In this case, we could find BTC above the psychological round number of $50,000. The RSI is still bullish at the moment, it continues to show ascending lows and highs. On the other hand, the price has just marked a new high, but not the RSI. So, if the trend continues, a bearish divergence could take place. This would indicate that buyers are running out of steam.#BitcoinETFs! #BitcoinEducation #Bitcoin… #BinanceChallenge #BinanceWish
#BITCOIN JANUARY 2 – BTC STARTS THE YEAR BEYOND $45,000 (+6%)
#Bitcoin green for the start of 2024. The Ordinals protocol, then the BRC-20 marked the year 2023. These NFTs were able to attract operators, there were 1.14 million Registrations in the first 200 days.
The king of cryptocurrencies ended 2023 above $42,000. It seems that the course does not want to stop there. In fact, the price is currently moving around $45,000. A spot ETF #Bitcoin could be validated this week, there is a risk of volatility. Here is the bulletin for January 2! #BitcoinEducation #Bitcoin… #BinanceWish
A YEAR WITH NAYIB BUKELE, THE “BITCOIN PRESIDENT” OF EL SALVADOR
The founder of the Salvadoran #Bitcoin in. The President of El Salvador Nayib Bukele made history by becoming the first head of state to allow the adoption of Bitcoin (BTC) as legal tender, on September 7, 2021. This year 2023 will, like the two previous , was rich in evidence of the Salvadoran president's unwavering support for the king of crypto-assets. Here is a quick recap of Nayib Bukele's (almost) past year in the cryptosphere.SOON A 4TH YEAR WITH BITCOIN AS NATIONAL CURRENCY IN EL SALVADORBefore talking about the achievements and advances of this last year, let's briefly talk about where the great adventure between Nayib Bukele and Bitcoin began: in 2021. The president of El Salvador caused a sensation in June of that year, announcing that he and his government planned to adopt Bitcoin as the country's currency, alongside the US dollar (the latter having established itself by force, due to repeated periods of hyperinflation of the country's old fiat currency, the Salvadoran colón).Click here for me Donne un pourboireAfter the approval of Salvadoran legislators, and despite (very) strong hostility from supranational institutions , the “Ley Bitcoin” (Bitcoin Law) finally came into force on September 7, 2021. With the end of 2023, this is therefore the 3rd year in which Bitcoin is doing very well as the currency of an entire country. The monetary fire test of the king of cryptos is made thanks to El Salvador and Nayib Bukele!
A year of fire for #Bitcoin $BTC – The #Bitcoin… bulletin covered the developments of #BTC six days a week for a year! After numerous hesitations at the various resistance levels, Bitcoin broke through $20,000, hit $30,000 and broke $40,000. In 2023, it has regained color. We can even say that, like a phoenix, he was able to rise from his ashes. This year, Bitcoin found a market low around $15,500, and a high around $44,000. Financial giants are doing everything to obtain validation for a spot Bitcoin ETF. For the moment, the SEC has still not validated an ETF, but advertising campaigns are starting to emerge with the aim of attracting new investors. After a fiery 2023, will 2024 be similar? Let's take stock of the Bitcoin situation!Buy me a Coffee#cryptomonnaie #BinanceWish $BTC
$ETH found buyers at the all-time high of the 2017 cycle. Indeed, buyers defended the psychological round number of $1,000. Then, the price stuck at the level of the institutional bias (EMA 9/EMA 18) bearish located around $2,000. The price of the prince of cryptocurrencies has moved below $2,000 for the majority of 2023. In November, $ETH closed above the last high marked at $2,030. This closing makes it possible to validate a bullish double bottom structure on a monthly basis. This is an interesting bullish signal on a high time frame. Now, the price is moving beyond $2,000, and this level will need to be maintained as support. A re-entry of $2,000 could bring the price back to the level of the last low marked at $1,520. The ETH price is bullish on a monthly basis, and it is moving above the bearish trendline. The RSI managed to break the bearish trendline. In this situation, bullish volatility tends to set in. Whatever happens, the momentum is in the hands of buyers on a monthly basis.$ETH is it back on a bull run? The situation seems similar to the end of 2020. In fact, in 2020, the price also returned above the bearish trendline, and the close above $365 sent a bullish signal monthly. Also, the RSI was in a similar situation with a trendline breakout, and a bullish dynamic. The ingredients seem to come together again for a bull market.#BinanceWish #ETH! #Ethereum #BTC
ETHEREUM (ETH) IN 2023: THE PRINCE OF CRYPTOCURRENCIES REMAINS SOLID
#Ethereum $ETH relaunches in 2023 – The year 2023 is coming to an end, and it is time to take stock of these past twelve months and imagine what could happen in 2024. If the year 2022 saw bankruptcies and falls, the year 2023 will have been totally different. Well helped by the speculations of spot Bitcoin ETFs, Bitcoin is showing an increase of around 150% in 2023. For its part, $ETH has managed to break the psychological round number of $2,000. However, the price is currently stuck at the $2,400 level. Let's take stock of the situation of the second capitalization of #cryptomonnaie .#BinanceWish #BitcoinEducation #cryptomonnaie
Bitcoin miners sell over $129 million worth of cryptocurrencies on the rise
TOKYO - In a notable change from their usual "HODL" strategy, bitcoin miners have sold more than 3,000 BTC, worth around 18 billion yen ($129 million). The move could be a sign of increased selling pressure on cryptocurrency prices. The selloff comes as the price of bitcoin has seen a recent surge, which may have prompted miners to take advantage of the increase in its value. Traditionally, bitcoin miners are known for holding on to their assets, a practice called "HODLing," which involves waiting for the cryptocurrency's value to increase over time before selling. Despite this significant sale, miners' collective holdings of bitcoins are still considerable, estimated at around $77 billion, or the equivalent of 1,831,447 BTC. This indicates that although a significant amount has been sold, the majority of assets are still held by miners.$BTC #crypto-monnaies #Bitcoin… #BinanceWish
$BNB #Binance , one of the leading #bourses from #crypto-monnaies to #monde , announced plans to remove several liquidity pools from its Liquid Swap platform on January 5, 2024. The move aims to improve liquidity and reduce slippage for users. The affected pools are a mix of popular cryptocurrencies, including ADA/BTC, BNB/USDT, BTC/USDT, DOGE/BTC, DOGE/USDT, ETH/USDT, LINK/BTC, SHIB/USDT, USDT/DAI, and XRP/USDT .
Starting January 1, users will no longer be able to add new liquidity to these pools. Binance advised users to withdraw their assets before the delisting date. If users fail to withdraw their assets on time, Binance said that all remaining assets in delisted pools will be automatically transferred to users' Spot wallets.