Now, the BTC has to break the resistance of 67k to 67.5k Once BTC breaks this resistance, we will witness its sudden pump, that will lie between 69.4k to 74k
-Bitcoin went back to below $66000 (a decline of over $4,000). -But, altcoins are not showing as much weakness as compared to the Btc’ drop. So, this could be a healthy correction for a significant upward move of BTC.
1. Scenario 1: If BTC makes a support around $65,500 and starts to recover from this level, we can go long on altcoins according to this scenario.
2. Scenario 2: If BTC breaks this support of $65,500, then we can see huge dump in Altcoins. In that case, We can go short on altcoins.
Yet, $BTC is holding the support of $65500 strongly. So nothing to worry much for now.
Trade safe.Take low leverage trades, till the market gets out of this FUD
⭐️ All eyes on World’s largest Bitcoin conference 2024
Event will be held for three days from July25-27 at Nashville
🚨LIVE STEAM on Rumble from 8:00-18:00
Key points to know:-
1. Robert F. Kennedy Jr and Donald Trump are the most anticipated speakers scheduled to speak at the conference
2.Meanwhile, Democratic nominee Kamala Harris could also appear at the event.
3.The conference will be live-streamed for viewers who don’t attend in person on Rumble, no need of any sign up or account is needed to watch the event
A full program for the conference can be found on the Bitcoin 2024 website.
BTC current movement was expected. Yesterday, BTC tried to absorb the Mt. Gox news and nearly succeeded. However, the crash of the US market, which wiped out over 1 trillion dollars, caused BTC to fail to maintain its position and start declining. #BTC☀ #btcupdates2024 #btc73k #btc70 $BTC
All of this FUD shall pass soon because narratives are strong. So eventually we will see a bullish market.
Elon Musk is back in spotlight as he sparks the Speculations with New Profile Picture Amid Bitcoin Conference
This week, a major Bitcoin conference is being held in Nashville, featuring notable speakers such as Michael Saylor, Cathie Wood, and Robert F. Kennedy Jr. Rumors are circulating that Elon Musk may attend the conference, as he has just landed in Tennessee and changed his profile picture.
In the past, Elon Musk has donated millions of dollars to Donald Trump. Both Musk and Trump are known to be crypto enthusiasts. Given the current political climate, there is speculation that Trump may be the next president, which could have significant implications for the crypto market.
Five spot Ethereum ETFs, including one from Fidelity, will launch on July 23, according to Cboe.
✔️The exchange, Cboe, announced that several Ethereum exchange-traded funds (ETFs) will start trading next week. These include the Fidelity Ethereum Fund, the Franklin Ethereum ETF, the Invesco Galaxy Ethereum ETF, the VanEck Ethereum ETF, and the 21Shares Core Ethereum ETF. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #EthereumETFApprovalExpectations #ethereumetf $ETH $BTC $BNB