The Indian government is considering a 30% tax on cryptocurr | Sajjad Askari на Binance Square

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The Indian government is considering a 30% tax on cryptocurrency transactions. The government has also proposed a 1% tax on all cryptocurrency holdings. Share your thoughts in comment section 
$BTC 
#crypto #crypto2023 #BTC #India 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. См. Правила и условия.

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$BTC analysis BTCUSD has faced selling pressure in the past few hours. The support levels are now at 62,000.00 and 54,600.00. If the pair bounces off the support, analysts advise placing a Buy order with a take profit at the closest resistance level. However, if a breakout is confirmed, a Buy order is recommended. The resistance level currently stands at 65,000.00.

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$BTC analysis BTC has been under selling pressure within the last couple of hours. Support levels are now located at 62,000.00 and 54,600.00. Now, the resistance level is located at 65,000.00. #BTC☀ #BTC500K #btc70

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Technical Analysis Overview: Navigating Key Levels Pivot Point: 0.74 Our Preference: The market sentiment remains bullish as long as the price stays above the 0.74 support level. This suggests that as long as 0.74 holds, there is a higher probability of an upward movement. Technical Indicators: RSI (Relative Strength Index): The RSI is above 50, indicating that the market is in bullish territory. MACD (Moving Average Convergence Divergence): The MACD is above its signal line and remains in positive territory, reinforcing the bullish outlook. Moving Averages: The price is trading above both the 20-period (at 0.75) and the 50-period (at 0.74) moving averages, further supporting a positive market configuration. Supports and Resistances: Resistance Levels: 0.81 ** 0.80 * 0.79 ** 0.78Support Levels: 0.76 (last) 0.75 0.74 ** 0.72 * The overall outlook is positive as long as the price remains above 0.74.Keep an eye on the RSI, MACD, and moving averages to gauge the strength of the trend. #bitcoin #BTC☀ @Tezos $XTZ follow for more analyis and insights.

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