Noor_Alabdulmohsen
@Noor_Alabdulmohsen
kuwait Financial broker and technical analyst 2009’s
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The possibility of building a new peak higher than the previous one and the price reaching the target prices on the chart... and the possibility that after the rise there comes a downward wave. Temporarily sharp...the price started rising when it breached the 68,000.00 level, then the price rebounded from 71,189 between 64 and 66.
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Bitcoin BTC analysis from 5-31-2024 to 6-30-2024
Bitcoin range forecast within a month
On a daily and weekly frame
Bitcoin range forecast within a month
On a daily and weekly frame
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Bitcoin BTC forecast from 5-31-2024 to 6-30-2024
((Bitcoin ranges and regions)
On a daily and weekly frame
(Share with us your expectations)
((Bitcoin ranges and regions)
On a daily and weekly frame
(Share with us your expectations)
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The scarcity of the dollar prompts Ethiopia to exploit the electricity of the Renaissance Dam for Bitcoin mining
Last spring, cargo containers began appearing near power substations linked to the recently built Grand Ethiopian Renaissance Dam, the largest in Africa. Inside were stacks of powerful, power-hungry computers, according to a recent report from Bloomberg.
Last spring, cargo containers began appearing near power substations linked to the recently built Grand Ethiopian Renaissance Dam, the largest in Africa. Inside were stacks of powerful, power-hungry computers, according to a recent report from Bloomberg.
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The US Treasury Secretary warns of digital currencies and the crypto market is under pressure
US Treasury Secretary Janet Yellen is set to tell the US Congress in the next few hours that the cryptocurrency industry poses several potential risks to the financial system, including stablecoin risks, according to a brief portion of her testimony published on Monday.
Yellen will appear before the House Financial Services Committee on Tuesday to explain the latest work of the Financial Stability Oversight Council (FSOC), a group of heads of US financial agencies that the secretary leads. The Council, which aims to avert the next financial crisis before it occurs, has paid particular attention to the risks of cryptocurrencies in recent years, placing them among the most important categories of potential concern.
US Treasury Secretary Janet Yellen is set to tell the US Congress in the next few hours that the cryptocurrency industry poses several potential risks to the financial system, including stablecoin risks, according to a brief portion of her testimony published on Monday.
Yellen will appear before the House Financial Services Committee on Tuesday to explain the latest work of the Financial Stability Oversight Council (FSOC), a group of heads of US financial agencies that the secretary leads. The Council, which aims to avert the next financial crisis before it occurs, has paid particular attention to the risks of cryptocurrencies in recent years, placing them among the most important categories of potential concern.
The real estate price bubble in the United States burst a long time ago, according to prices, and is in a free fall that is now even worse.
Before the Corona epidemic, the educational occupancy rate in the United States reached more than 90%. But after 4 minutes of that statistic, the occupancy is now at 50% and it's going down a lot of prices.
The number of official units for rent per week for offices varies, as the occupancy rate on Wednesdays in the United States begins at about 60% and decreases on Mondays and Fridays to 30%.
Before the Corona epidemic, the educational occupancy rate in the United States reached more than 90%. But after 4 minutes of that statistic, the occupancy is now at 50% and it's going down a lot of prices.
The number of official units for rent per week for offices varies, as the occupancy rate on Wednesdays in the United States begins at about 60% and decreases on Mondays and Fridays to 30%.
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The commercial real estate price bubble burst in the United States a while ago and prices are still falling and are in a free fall that is described as worse now.
Before the Corona pandemic, the occupancy rate of commercial offices in the United States reached more than 90%. But after 4 years of that statistic, reports revealed that occupancy is currently close to 50%, which is a catastrophic decline that has plunged prices with great force.
The number of properties and rents varies on days of the week for commercial offices, as the occupancy rate increases on Wednesdays in the United States of America to about 60% and decreases on Mondays and Fridays to 30%.
Before the Corona pandemic, the occupancy rate of commercial offices in the United States reached more than 90%. But after 4 years of that statistic, reports revealed that occupancy is currently close to 50%, which is a catastrophic decline that has plunged prices with great force.
The number of properties and rents varies on days of the week for commercial offices, as the occupancy rate increases on Wednesdays in the United States of America to about 60% and decreases on Mondays and Fridays to 30%.
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Traders in the sector are confused about the possibility of Tesla selling its BTC holding
The giant electric vehicle manufacturer - Tesla - contributed to increasing the value of Bitcoin thanks to its initial investments, which amounted to $1.5 billion in February of 2021, which caused the price of BTC to rise to the level of approximately $37,000. These investments reflected a significant increase in institutional interest in the sector leader. However, the company's decision to sell about 10% of its BTC holdings during March 2021 at a price of just over $60,000 turned out to be ill-advised given the price rose shortly after it made the sale.
After the value of Bitcoin fell below the $20,000 mark by June of 2022, the company reduced its investments in this currency by selling a large portion of its holdings. If Tesla had kept its original balance of 43,200 BTC - at that time - the value of its investment would have amounted to approximately $2. One billion dollars in early 2024.
Source: Bitcointreasuries The company now has only 9,720 BTC left with a total value estimated at $400 million, and traders in the crypto sector are eagerly awaiting the car manufacturing giant's next move due to its potentially significant impact on the value of Bitcoin.
The giant electric vehicle manufacturer - Tesla - contributed to increasing the value of Bitcoin thanks to its initial investments, which amounted to $1.5 billion in February of 2021, which caused the price of BTC to rise to the level of approximately $37,000. These investments reflected a significant increase in institutional interest in the sector leader. However, the company's decision to sell about 10% of its BTC holdings during March 2021 at a price of just over $60,000 turned out to be ill-advised given the price rose shortly after it made the sale.
After the value of Bitcoin fell below the $20,000 mark by June of 2022, the company reduced its investments in this currency by selling a large portion of its holdings. If Tesla had kept its original balance of 43,200 BTC - at that time - the value of its investment would have amounted to approximately $2. One billion dollars in early 2024.
Source: Bitcointreasuries The company now has only 9,720 BTC left with a total value estimated at $400 million, and traders in the crypto sector are eagerly awaiting the car manufacturing giant's next move due to its potentially significant impact on the value of Bitcoin.
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El Salvador's determination towards Bitcoin is unrelenting
Vice President of El Salvador Félix Ulloa expressed his confidence that his country will continue to accept Bitcoin as a legal currency if Nayib Bukele is elected president of the country again, and the International Monetary Fund had previously recommended that El Salvador reconsider its laws regarding the BTC currency. During discussions related to the loans requested by that country; However, Ulloa announced that his country does not intend to change these laws. It is noteworthy that enthusiasm around the adoption of Bitcoin has increased recently thanks to the American approval to create exchange-traded funds for spot Bitcoin trading (Bitcoin Spot ETFs).
Where do you expect Bitcoin?
#بينايس #بيتكوين #
Vice President of El Salvador Félix Ulloa expressed his confidence that his country will continue to accept Bitcoin as a legal currency if Nayib Bukele is elected president of the country again, and the International Monetary Fund had previously recommended that El Salvador reconsider its laws regarding the BTC currency. During discussions related to the loans requested by that country; However, Ulloa announced that his country does not intend to change these laws. It is noteworthy that enthusiasm around the adoption of Bitcoin has increased recently thanks to the American approval to create exchange-traded funds for spot Bitcoin trading (Bitcoin Spot ETFs).
Where do you expect Bitcoin?
#بينايس #بيتكوين #
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Thnx