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#Bitcoin Growth trajectory from Ecoinometrics
upper bound ~ $4,500,000
lower bound ~ $140,000
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#BTC formed a double bottom and made a bounce. Price made a small channel pattern had a break but still moving with-in a range. A break below back tot he support zone, will be high probable reversal for the market. #BTC☀
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From time to time, people ask me: “How can I start my crypto journey?” Here are my 3 tips: 1. Understand: Take the time to learn about blockchain, crypto, and other fundamentals. 2. Research: Explore different chains, protocols, and projects. Key here is to DYOR (Do Your Own Research). 3. Try: Start small and use a reputable platform. Explore and constantly reassess your strategy. ⚠️ Not financial advice! Just tips I picked up throughout the years.
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Extending the support on the left, #BTC exactly bounced from the support zone around $59,500 and strong reacting. There's still a lot of bearish momentum on the left or it might be just a pullback, so can't just anticipate a clean reversal. #BTC☀
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#FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged. The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far. The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken. As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish. #FTMUSD
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🇺🇸 SEC stopped investigating the status of Ethereum, MicroStrategy bought 11,931 BTC, Notcoin will abandon the idea of a clicker game, the Winklevosses donated $2 million in bitcoins to Trump and other events of the past week. We tell you what happened in the cryptocurrency market over the past week: 🪙 Bitcoin price dropped to $64,000 The first cryptocurrency started the week above $66,000, but already fell to $65,000 on Monday, June 17. On Friday, June 21, the digital gold failed the $64,000 level. 👀 SEC ends investigation regarding Ethereum's status The enforcement division of the US Securities and Exchange Commission (SEC) has closed its investigation into Ethereum 2.0. This is stated in a statement by ConsenSys. The SEC took this step after the organization sent a letter requesting clarification of the asset class when approving spot ETH-ETFs. 📈 MicroStrategy has bought 11,931 BTC and issued $800 million worth of stock MicroStrategy acquired an additional 11,931 BTC for $785 million (~$65,883 per coin) using convertible bill proceeds and excess cash. In total, the firm now holds 226,331 BTC, acquired for roughly $8.33 billion. At the time of writing, these assets are valued at $14.5 billion
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