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Good morning everyone! #BTC Wishing you all a green and prosperous week ahead 🌸 $BTC
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IMPORTANT DEVELOPMENTS IN GLOBAL MARKETS THIS WEEK August 12, Monday: - Donald Trump and Elon Musk Meeting: This meeting could significantly impact the cryptocurrency market, given both figures' influence on market sentiment. #CryptoMarketMoves August 13, Tuesday: - U.S. Producer Price Index (PPI) Release: Scheduled for 15:30, with an expected increase of 0.2%. This data could affect inflation expectations and market movements. August 14, Wednesday: -U.S. Annual Inflation Rate Release: Scheduled for 15:30, with an expected rate of 3.0%. This figure will impact market expectations about inflation and economic conditions. #WBTCUnderScrutiny August 15, Thursday: - U.S. Retail Sales Release: Scheduled for 15:30, with an expected increase of 0.4%. This will provide insights into consumer spending and economic activity. August 16: - FTX Repayment Process Voting Results: The voting on FTX's repayment process will conclude, which might influence market sentiment. Token Unlockings - August 12: $66 million worth of 11.33 million APT - August 14: $45 million worth of 181.4 million SAND - August 15: $11 million worth of 3.92 million CYBER - August 15: $22 million worth of 63.99 million STRK - August 16: $49 million worth of 8.33 million UNI - August 16: $50 million worth of 92.6 million $ARB These events could affect market trends and investment decisions. $BTC #BTC
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Good afternoon , everyone 💐 With the rising tensions between Israel and Iran, #Bitcoin has once again dipped below the $60,000 mark. This week, the U.S. will release #CPI and PPI inflation data, which could have a significant impact on the markets. Combined with war-related news, it looks like we’re in for a volatile week. Last night’s close was at $58,700. Since the close was very close to the support level, it wouldn't be accurate to say that $59k has been lost. For a support loss, we would need to see a higher-volume and lower close. Therefore, there is still a chance for the price to find support in the $58-59k range and start rising again. The VIX fear index had surged to 65 recently, posing a serious threat to the markets. However, it has now retreated to around 20, which is a normal level. This indicates that the market might shift into "risk-on" mode this week. $BTC Given that we’re in an important week, I’ll be sharing regular updates on the latest data and analyses. This week is indeed a critical juncture. The impact of Israel-Iran tensions on #BTC and other risk assets is ongoing, while the upcoming U.S. inflation data could steer the markets in a significant way. The normalization of the VIX index suggests that investor risk appetite may increase, but it’s essential to remember that this week will be a delicate balance; both technical and fundamental data should be monitored closely. Wishing everyone a great day and profitable trades!
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#BTC can't stay calm; we're back at support again. Due to the weekend, we're continuing with low volume. The $59,000 level is emerging as a critical support zone. We've tested this level several times before and saw an upward movement in response. Currently, it's trading close to this support zone, and maintaining this level is crucial for the continuation of the uptrend.$BTC
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We've reached 25k! I want to thank everyone for being with me on this journey. Love and best wishes for abundant success together. 💐 $BTC $XRP
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