$BTC has closed a daily candle today above a critical level of $46,500, which is the pivot level for all higher TF RSIs. The daily is now just entering the bullish control zone >70. The liquidity is stacked below from $41,500-43,000 while it's around $51,000 above. BTC looks to be conslidating at the moment while altcoins are having a run, and if BTC holds above the current $47,000 throughout the weekend, I expect a move upwards. Otherwise, I believe BTC will dip quickly to grab the liquidity below, which also lines up with the daily 100EMA (purple). Overall, based on the RSI/Stoch RSI/MAs and the accompanying volume, the probabilities of an upside move is more likely. #Write2Earn #BitcoinDreams #binancerewards #BinanceEarnings
Binance launches a new coin mining project - Pixels, attracting $4.8 million in investment from companies such as Framework Ventures, Collab+Currency and Volt Capital. Pixels is Binance's 46th coin mining project.
A Pixels is a unique game world where farming, research and blockchain technology merge into one. Players can invest BNB and FDUSD into the PIXEL mining pool on Launchpad and receive rewards in the form of PIXEL tokens within 10 days.
Pixels aims to offer a fun and easy gaming experience powered by blockchain technology, immersing players in the world of Web3 capabilities and redefining gamification. #Write2Earn #binancerewards #BinanceEarnings
decline caused by the ETF approval and has already risen to almost $45,000. Analyst PlanB, creator of the Stock-to-Flow model, believes that the cryptocurrency will not fall below $40,000 again due to its realized price.
Realized prices on different time scales are rising, and the current market price of Bitcoin is higher than all of them. PlanB considers this a "very bullish sign" and suggests that Bitcoin will never fall below $40,000 again.
Given the approval of the ETF and the upcoming halving, experts are making predictions about the price movement of Bitcoin in the coming months. A recent Bitget study predicts the asset's value $150,000, double its previous all-time high. #Write2Earn #trending #binancerewards #BinanceEarnings
The main pivot point for the BTC/USD pair is currently located at $43,769, with the nearest resistance levels located at $44,585, $45,558, and $46,497, respectively, which represent potential barriers to upward price movements.
On the other hand, the levels that can provide support for the price are located at $42,885, $41,675, and $40,586, respectively, which may limit the extension of the price decline.
The Relative Strength Index (RSI) is at 70, which is a high number that indicates approaching overbought, and the MACD is at 98 and its signal is at 586, which indicates that the upward momentum is likely to continue. #Write2Earn #trending #BinanceEarnings #binancerewards
During the early morning and this morning, Ethereum continued to break through and attack, and the high point also touched around 2444. From the perspective of review, Ether's test of 2350 yesterday afternoon was also a test of lows, and then it broke through and pulled up at night. But don't worry, this round of rise did not effectively break the strong pressure on the high point, and K continued to rise sharply yesterday, which also led to a large gap between the daily currency price and MA5 today, so in terms of the short-term within the day Let's look at technical fixes and adjustments first.
The short-term market here is one that first breaks the position and pulls up, and then makes short-term retracement adjustments. The ultra-short-term marl may have an impact, but the overall technical thinking has not changed much. #Write2Earn #trending #BinanceSquareAnalysis #binancerewards
Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday.
Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion last year, compared with $567 million in 2022.
However, losses stemming from other crypto-related crimes such as scamming and hacking fell in 2023, Chainalysis said.
Bitcoin, the largest cryptocurrency, has jumped 60% since the end of September to $43,134 on enthusiasm about a new U.S. bitcoin ETF and on signs central banks around the world will begin trimming interest rates.
According to CryptoPotato, Solana is back under key resistance after a brief pullback, with the $104 resistance level being the only obstacle preventing buyers from taking the cryptocurrency much higher. Sellers are starting to show weakness, and bulls have a good chance to break above this level.
In the past three days, buyers have dominated the chart, closing each daily candle in green. Another push today could quickly see Solana break the resistance momentum also favors the bulls. #Write2Earn #binancerewards #binancerewards