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🔥 🔥 Urgent Bitcoin Update & Analysis 🔥 🔥 . . . . . . BTC facing rejection at ascending triangle's horizontal resistance🔻 Ichimoku Cloud shows bullish momentum, strong current support🔺 Breakout above triangle would be bullish confirmation📈 Breakdown below support trendline could lead to further correction📉 Monitoring $BTC price action for potential breakout/breakdown👨‍💻 #bitcoin #btc70k #BTC☀ #BTC70K✈️ #btcupdates2024

🔥 🔥 Urgent Bitcoin Update & Analysis 🔥 🔥

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BTC facing rejection at ascending triangle's horizontal resistance🔻

Ichimoku Cloud shows bullish momentum, strong current support🔺

Breakout above triangle would be bullish confirmation📈

Breakdown below support trendline could lead to further correction📉

Monitoring $BTC price action for potential breakout/breakdown👨‍💻

#bitcoin #btc70k #BTC☀ #BTC70K✈️ #btcupdates2024

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This sold for 500 ETH ($1,900,000) in December 2021. 😂 🤡 😂 🤔 Now the highest offer is 0.03 ETH ($110) Where did NFTs go wrong? #NFT #NFTSCAM #ETH
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FLOKI TO BUILD ITS NEXT SCHOOL IN INDIA! . . . . This is their next step of the philanthropic mission to build schools in developing nations around the world. IMO, that's the best thing any project can do because educating people is the best way to help them become financially free. $FLOKI #FLOKI✅ #indiaceyptotax
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China-Related Alts Are About To Explode
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- **Markus Thielen's Prediction**: - Believes Bitcoin will reach a new all-time high. - Spotted a "head and shoulders" pattern indicating a potential rally towards **$83,000**. - **Current Resistance**: - Bitcoin faced resistance and retreated to just over **$69,000** on June 7. - Despite this, the bullish chart pattern remains in play. - **Economic Factors**: - Global central bank easing cycle has begun with rate cuts in Canada and Europe. - US economic slowdown could lead to reduced inflation. - **US Employment Data**: - Unemployment rate increased to **4.0%**. - Number of jobs added was higher than expected. - **Bitcoin's Market Movement**: - Price increased by **3.1%** with **$4.8 billion** inflows last week. - Predicted rally was **5.8%**, based on regression analysis. - **Inflow Analysis**: - Around **$13 billion** in new inflows needed to hit the **$83,000** target. - A breakout above **$71,600** could lead to more buying. - **Market Sentiment**: - Lower US employment and inflation data may support new highs for Bitcoin. - Long-term holder selling is currently preventing price increases. - **Bitcoin's Trading Price**: - Trading at **$69,420**; found support after a **2.5%** decline. - Needs to break **$71,500** for further upward momentum. Keep an eye on the market trends and economic indicators for Bitcoin's next move! 👀💼 #bitcoin #btc70k #BTC☀️ #btcusdt
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📊 Market makers are creating a "RED Carpet" 📉 for Franklin Templeton Fund to accumulate altcoins at a cheaper rate. Alts are reaching to the price levels, when Bitcoin was trading at $60k. Reversal soon when enough holders panic sell 🚀 #bitcoin #bitcoin #bitcoin #bitcoin #bitcoin
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