bitcoinupdate2024
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The perfect #bitcoinupdate2024 illustration.
-The first accounting innovation in 700 years
-The first immutable ledger in human history
-The first censorship resistant transaction that does not require a central authority
-100% Public
#MoneyEvolution #TechnologyInnovation #personalsovereignty
#write2earn🌐💹 Write2Learn @BetterWorld
$BTC
-The first accounting innovation in 700 years
-The first immutable ledger in human history
-The first censorship resistant transaction that does not require a central authority
-100% Public
#MoneyEvolution #TechnologyInnovation #personalsovereignty
#write2earn🌐💹 Write2Learn @BetterWorld
$BTC
#bitcoinupdate2024 is at a crucial level here.
Not holding up at $60K and I think we'll have a final wash to $52-55K after which the upwards momentum continues.#$BTC
Not holding up at $60K and I think we'll have a final wash to $52-55K after which the upwards momentum continues.#$BTC
🚨 BREAKING 🚨
A WHALE HAS BOUGHT 1590.14 BTC WORTH $106 MILLION IN THE PAST 24 HOURS
WHETHER ITS BIG BANKS, PENSION FUNDS, OR WHALES, EVERYONE IS ACCUMULATING BITCOIN.$BTC #BTC #bitcoinupdate2024
A WHALE HAS BOUGHT 1590.14 BTC WORTH $106 MILLION IN THE PAST 24 HOURS
WHETHER ITS BIG BANKS, PENSION FUNDS, OR WHALES, EVERYONE IS ACCUMULATING BITCOIN.$BTC #BTC #bitcoinupdate2024
Bitcoin Cash (BCH) price has found support at the $450 territory on Wednesday May 9, after bears averted a $500 retest 48 hours earlier.
#bitcoinupdate2024 #BTC🔥🔥🔥🔥🔥 #Crypto #CryptoNews🚀🔥" #CryptoNewssCommunity
#bitcoinupdate2024 #BTC🔥🔥🔥🔥🔥 #Crypto #CryptoNews🚀🔥" #CryptoNewssCommunity
Cardano (ADA) experiences a bullish hourly Golden Cross raising hopes of a rally, while XRP is predicted to be a 'sleeping giant' ready to awaken. FRIEND, AKT, and GRT prices surge as Bitcoin drops below $62k. The unveiling of a #Shiba Doge hybrid leads to an anticipated 8,000% surge, contrasting the struggles of Shiba Inu and Dogecoin. Bitcoin's rally is halted with a price drop below $61k, but a hacker's return of $47 million in #ETH brings a positive twist. Bitcoin and altcoins face a sharp decline, stirring up concerns in the crypto market.
Bitcoin ETFs are poised to impact BTC prices, according to Peter Schiff, as Bitcoin and Ethereum prices tumble amid over $150 million in crypto liquidations. Kraken battles the SEC in a lawsuit while a Hong Kong issuer seeks a spot Bitcoin ETF in China. Notable developments include EigenLayer's $15B token launch and the return of a $70M scam refund, adding intrigue to the ever-evolving cryptocurrency landscape.
$ADA $BTC #bitcoinupdate2024 #btc
Bitcoin ETFs are poised to impact BTC prices, according to Peter Schiff, as Bitcoin and Ethereum prices tumble amid over $150 million in crypto liquidations. Kraken battles the SEC in a lawsuit while a Hong Kong issuer seeks a spot Bitcoin ETF in China. Notable developments include EigenLayer's $15B token launch and the return of a $70M scam refund, adding intrigue to the ever-evolving cryptocurrency landscape.
$ADA $BTC #bitcoinupdate2024 #btc
Bitcoin (BTC) Update: June 24, 2024
Market Overview
Bitcoin (BTC) is currently under pressure, showing signs of a bearish trend as reflected in the latest Binance chart and trading data. Here's a detailed analysis of the current market conditions.
Price Movement
Current Price: BTC is trading at approximately $62,886.74, down from recent highs.Trend Analysis: The BTC chart illustrates a clear bearish trend, with the price making lower highs and lower lows since the beginning of June.Moving Averages:7-day MA: $64,217.4325-day MA: $67,180.3399-day MA: $66,269.71
These moving averages are acting as significant resistance levels, indicating a continuation of the bearish sentiment.
Technical Indicators
Volume: Recent trading volumes have been decreasing, suggesting weaker buying pressure. The volume bars are predominantly red, indicating more selling activity in the market.Money Flow Analysis (Past 15 minutes):The money flow chart shows a significant amount of large sell orders compared to buy orders. The net outflow is substantial at -34.1046 BTC, highlighting a short-term bearish outlook.
Trading Activity
Order Types:Buy Orders: Totaling 47.5263 BTC, with large buys accounting for 9.4655 BTC.Sell Orders: Significantly higher at 81.6309 BTC, driven by large sell orders of 38.0271 BTC. This disparity underscores the prevailing selling pressure.24-hour Large Inflow:5-Day Net Inflow: The net outflow over the past five days stands at -2,503.1925 BTC, reflecting continuous selling pressure.Recent Inflow: Over the past 24 hours, large sell orders have substantially outpaced large buy orders, further supporting the bearish sentiment.
Key Levels to Watch
Support Levels: The next crucial support level is near $60,000. If BTC breaks below this level, it could lead to further declines.Resistance Levels: Immediate resistance is at the 7-day moving average of $64,217.43. Reclaiming this level is essential for BTC to shift towards a more neutral or bullish outlook.
Summary
Bitcoin is currently navigating through a period of downward pressure with bearish trends dominating the market. The continuous lower highs and lower lows, coupled with strong resistance at the moving averages, suggest that BTC might continue to face challenges unless it finds strong support and buying interest at current levels.
Advice: Given the current market dynamics, it's prudent for traders and investors to approach Bitcoin with caution. Keep a close watch on the key support and resistance levels and take into account the overall market conditions and trading signals before making any financial decisions.
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
#BinanceTournament #BTC☀ #bitcoin☀️ #bitcoinupdate2024 #todaybtcupdate
Bitcoin (BTC) is currently under pressure, showing signs of a bearish trend as reflected in the latest Binance chart and trading data. Here's a detailed analysis of the current market conditions.
Price Movement
Current Price: BTC is trading at approximately $62,886.74, down from recent highs.Trend Analysis: The BTC chart illustrates a clear bearish trend, with the price making lower highs and lower lows since the beginning of June.Moving Averages:7-day MA: $64,217.4325-day MA: $67,180.3399-day MA: $66,269.71
These moving averages are acting as significant resistance levels, indicating a continuation of the bearish sentiment.
Technical Indicators
Volume: Recent trading volumes have been decreasing, suggesting weaker buying pressure. The volume bars are predominantly red, indicating more selling activity in the market.Money Flow Analysis (Past 15 minutes):The money flow chart shows a significant amount of large sell orders compared to buy orders. The net outflow is substantial at -34.1046 BTC, highlighting a short-term bearish outlook.
Trading Activity
Order Types:Buy Orders: Totaling 47.5263 BTC, with large buys accounting for 9.4655 BTC.Sell Orders: Significantly higher at 81.6309 BTC, driven by large sell orders of 38.0271 BTC. This disparity underscores the prevailing selling pressure.24-hour Large Inflow:5-Day Net Inflow: The net outflow over the past five days stands at -2,503.1925 BTC, reflecting continuous selling pressure.Recent Inflow: Over the past 24 hours, large sell orders have substantially outpaced large buy orders, further supporting the bearish sentiment.
Key Levels to Watch
Support Levels: The next crucial support level is near $60,000. If BTC breaks below this level, it could lead to further declines.Resistance Levels: Immediate resistance is at the 7-day moving average of $64,217.43. Reclaiming this level is essential for BTC to shift towards a more neutral or bullish outlook.
Summary
Bitcoin is currently navigating through a period of downward pressure with bearish trends dominating the market. The continuous lower highs and lower lows, coupled with strong resistance at the moving averages, suggest that BTC might continue to face challenges unless it finds strong support and buying interest at current levels.
Advice: Given the current market dynamics, it's prudent for traders and investors to approach Bitcoin with caution. Keep a close watch on the key support and resistance levels and take into account the overall market conditions and trading signals before making any financial decisions.
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
#BinanceTournament #BTC☀ #bitcoin☀️ #bitcoinupdate2024 #todaybtcupdate
Why is Bitcoin dumping?
WHY IS BITCOIN DUMPING?⚠️
(Fundamental Reasons)🚨
BTC recently dropped below $61,000, making a new monthly low of $60.5K
Here are some of the major reasons behind this BTC dump🏴☠️👇🏻
1) Mt. Gox distribution😄
Just a few hours ago,Bloomberg reported that Mt. Gox had announced plans to distribute 143K BTC to its creditors starting in July.This will add huge seling pressure on BTC, and that's why the market is dumping in panic.
2) Miners selling🙂
In the month of June, miners selling reached a yearly high.Miners sold around 30K worth $1.8B in the first 3 weeks.
3) Huge ETF outflows🤩
Since June 15, Bitcoin ETFs have experienced nearly $1B in outflows It has experienced seven consecutive trading days of outflow, and it still seems like there could be more to come.
4) The German government dump😕
Beside miners and ETFs, the German government is also selling BTC.It has sold over $200M worth of BTC and still holds over $2.8B worth of it.All of this has caused spot selling along with massive forced liquidations.In the long run, BTC is still going to $100K+, and you need to HODL your bags; otherwise, you'l always buy high and sell low.😇
I think its buying opportunity for most people. Invest and forget kind of thing. Altcoins are on the floor. Its a good opportunity to buy. #MtGoxJulyRepayments #bitcoinupdate2024 #bitcoin #altcoins #binance #CryptoNewss $BTC
(Fundamental Reasons)🚨
BTC recently dropped below $61,000, making a new monthly low of $60.5K
Here are some of the major reasons behind this BTC dump🏴☠️👇🏻
1) Mt. Gox distribution😄
Just a few hours ago,Bloomberg reported that Mt. Gox had announced plans to distribute 143K BTC to its creditors starting in July.This will add huge seling pressure on BTC, and that's why the market is dumping in panic.
2) Miners selling🙂
In the month of June, miners selling reached a yearly high.Miners sold around 30K worth $1.8B in the first 3 weeks.
3) Huge ETF outflows🤩
Since June 15, Bitcoin ETFs have experienced nearly $1B in outflows It has experienced seven consecutive trading days of outflow, and it still seems like there could be more to come.
4) The German government dump😕
Beside miners and ETFs, the German government is also selling BTC.It has sold over $200M worth of BTC and still holds over $2.8B worth of it.All of this has caused spot selling along with massive forced liquidations.In the long run, BTC is still going to $100K+, and you need to HODL your bags; otherwise, you'l always buy high and sell low.😇
I think its buying opportunity for most people. Invest and forget kind of thing. Altcoins are on the floor. Its a good opportunity to buy. #MtGoxJulyRepayments #bitcoinupdate2024 #bitcoin #altcoins #binance #CryptoNewss $BTC
DIPS ARE for buying not selling big up side move coming soon are u full with your bags for selling when u need to buy !! #bitcoinupdate2024
🍕Today is $BTC #pizzaday
Exactly 14 years ago, a superintelligence named Laszlo Heinitz bought 2 mushroom pizzas for 10,000 #btcpizza - at that time, about $25. After 14 years of appreciation, 2 pizzas cost him $70,000,000.
If you ever feel like a failure, remember this guy.
Community Verified icon
#BTC☀️ #BitcoinPizzaDay2024 #bitcoinupdate2024
Exactly 14 years ago, a superintelligence named Laszlo Heinitz bought 2 mushroom pizzas for 10,000 #btcpizza - at that time, about $25. After 14 years of appreciation, 2 pizzas cost him $70,000,000.
If you ever feel like a failure, remember this guy.
Community Verified icon
#BTC☀️ #BitcoinPizzaDay2024 #bitcoinupdate2024
$🪙 Latest Crypto News Today 🪙
"Crypto markets continue to see significant volatility with Bitcoin prices soaring to new highs, while Ethereum follows close behind. Key updates include the rise of new altcoins and the expansion of blockchain technologies in financial systems worldwide. Stay tuned for the latest market trends and investment insights as the crypto space evolves rapidly."
#CryptoNews
#bitcoinupdate2024
#Write2Earn!
#DOGSONBINANCE
#DigitalCurrency
"Crypto markets continue to see significant volatility with Bitcoin prices soaring to new highs, while Ethereum follows close behind. Key updates include the rise of new altcoins and the expansion of blockchain technologies in financial systems worldwide. Stay tuned for the latest market trends and investment insights as the crypto space evolves rapidly."
#CryptoNews
#bitcoinupdate2024
#Write2Earn!
#DOGSONBINANCE
#DigitalCurrency
Bitcoin is currently experiencing bearish trends, with the price around $62,886.74.
The chart indicates lower highs and lower lows, suggesting continued pressure.
Key support is near $60,000, and resistance stands at $64,217.43. Monitor these levels closely and consider the significant selling pressure shown by recent trading data.
Advice: Approach BTC with caution and stay informed about the market dynamics.
Read the full Article for more insights.
#bitcoin☀️ #bitcoinupdate2024
The chart indicates lower highs and lower lows, suggesting continued pressure.
Key support is near $60,000, and resistance stands at $64,217.43. Monitor these levels closely and consider the significant selling pressure shown by recent trading data.
Advice: Approach BTC with caution and stay informed about the market dynamics.
Read the full Article for more insights.
#bitcoin☀️ #bitcoinupdate2024
📈 Bitcoin rebounds on US labor market data. ETF flows negative. $66K potential trap zone. Short-term NUPL negative, indicating fear. Vanguard Red on daily, Long Vs Short favors Longs. Waiting for bullish signs for signals. Stay tuned for updates. 📈💡 #NUPL #bitcoinupdate2024
Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030#BTC #bitcoinupdate2024 #Bitcoinblockchain #bitconiming
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.
A popular Bitcoin chart formation suggests that Bitcoin's
BTC
tickers down
$61,863
price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside?
Is a Bitcoin breakout imminent?
On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend.
Based on the technical formation, Bitcoin could rally to the upside if a break above the trendline occurs, according to a May 13 X post from crypto investor Quinten Francois, who wrote:
“Inverse head and shoulders pattern spotted on the $BTC chart. Not the most beautiful iH&S I've ever seen, but I'll take it. Different ways to draw the neckline too, but this way makes the most sense to me. Break the neckline for further price recovery!”
#bitcoinhalving #Bitcoinblockchain #bitcoinupdate2024
$ETH $BNB $SOL
Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.
A popular Bitcoin chart formation suggests that Bitcoin's
BTC
tickers down
$61,863
price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside?
Is a Bitcoin breakout imminent?
On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend.
Based on the technical formation, Bitcoin could rally to the upside if a break above the trendline occurs, according to a May 13 X post from crypto investor Quinten Francois, who wrote:
“Inverse head and shoulders pattern spotted on the $BTC chart. Not the most beautiful iH&S I've ever seen, but I'll take it. Different ways to draw the neckline too, but this way makes the most sense to me. Break the neckline for further price recovery!”
#bitcoinhalving #Bitcoinblockchain #bitcoinupdate2024
$ETH $BNB $SOL
Alert: BTC price will goes upward at around 64 to 66k... Ready for long position...
#BTC☀ #bitcoin☀️ #bitcoinupdate2024 #BTCPrize #KnowledgeIsEveryThing
#BTC☀ #bitcoin☀️ #bitcoinupdate2024 #BTCPrize #KnowledgeIsEveryThing
Alert #AirdropWin
Keep touch for the six upcoming Binance listings to watch our for today.
* Dogeverse: Chain-hopping meme coin that's raised $15M on presale.
* 99Bitcoins: Learn-to-earn token offering $99k BTC airdrop.
* WienerAI: New meme coin with AI trading bot.
* Grok: Trending meme coin celebrating AI.
#memecoin🚀🚀🚀 #Aitcoins #bitcoinupdate2024
Keep touch for the six upcoming Binance listings to watch our for today.
* Dogeverse: Chain-hopping meme coin that's raised $15M on presale.
* 99Bitcoins: Learn-to-earn token offering $99k BTC airdrop.
* WienerAI: New meme coin with AI trading bot.
* Grok: Trending meme coin celebrating AI.
#memecoin🚀🚀🚀 #Aitcoins #bitcoinupdate2024
#2024WithBinance
"Bitcoin tocca i 100.000$: il re delle criptovalute raggiunge un nuovo storico traguardo."
BTC over the TOP
#bitcoinupdate2024
"Bitcoin tocca i 100.000$: il re delle criptovalute raggiunge un nuovo storico traguardo."
BTC over the TOP
#bitcoinupdate2024
$BTC 15 minutes chart update: bitcoin is trading at around $58,178, showing a significant drop of -1.35%. Here’s an analysis based on the current setup: Key Observations:
1. Price Action:
• The price has broken below the previous support level (marked by BOS - Break of Structure) around $58,280.
• It attempted to test this level again but was rejected, confirming it as a new resistance level.
Resistance and Support:
The chart shows significant resistance around the $59,382 area, which the price has failed to break above. And The current support seems to be around the $57,840-$57,750 area, as indicated by the recent bottom.
Given the current scenario:
• Bearish Outlook:
• If the price fails to break back above $58,421 (marked by the purple line), it might continue to move downward toward the next support level at $57,750.
• A break below this support could lead to further downside, with potential targets around $57,500 or lower.
• Bullish Reversal:
• A reversal would require the price to break and hold above the $58,421 level with strong momentum.
• If the price can break above this level, it may target the $59,000-$59,382 resistance area.
#bitcoin☀️
#BinanceSquareFamily
#bitcoinupdate2024
1. Price Action:
• The price has broken below the previous support level (marked by BOS - Break of Structure) around $58,280.
• It attempted to test this level again but was rejected, confirming it as a new resistance level.
Resistance and Support:
The chart shows significant resistance around the $59,382 area, which the price has failed to break above. And The current support seems to be around the $57,840-$57,750 area, as indicated by the recent bottom.
Given the current scenario:
• Bearish Outlook:
• If the price fails to break back above $58,421 (marked by the purple line), it might continue to move downward toward the next support level at $57,750.
• A break below this support could lead to further downside, with potential targets around $57,500 or lower.
• Bullish Reversal:
• A reversal would require the price to break and hold above the $58,421 level with strong momentum.
• If the price can break above this level, it may target the $59,000-$59,382 resistance area.
#bitcoin☀️
#BinanceSquareFamily
#bitcoinupdate2024