According to the latest data, Bitcoin is showing resistance to selling pressure but analysts are still calling for profit taking.
Bitcoin, Germany, USA and Mt. Although it fell to $ 53,500 due to Gox's sales pressure, it seems to be no longer affected by these sales.
Today, Germany's move of Bitcoin again after the transfer of 5,853 BTC did not cause a selling pressure in prices. This indicates that Bitcoin will not be greatly affected by future sales.
In parallel with these developments, BRN analyst Ventin Fournier made the following evaluations in an e-mail sent to CoinDesk:
"The market appears to be getting more accustomed to Mt. Gox and the German government sell-off. Spot Bitcoin ETFs are showing strong inflows, signaling a trend reversal. The oversold levels from a few days ago are being considered an opportunity for investors."
Stating that there is no expectation of an interest rate cut from the USA until September, the analyst stated that they expect inflation data to be positive on Thursday. Stating that a hawkish attitude of the US Federal Reserve (FED) and the country may put pressure on prices, the analyst emphasized that it is important to take profits as there may be volatility towards the end of the week.
BRN analyst also stated that the macroeconomic outlook is positive.
Bitcoin is currently trading at $58,480.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
