CryptoSmart Community
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This Group Aims to Provide Cryptocurrency Signals for both (Short term and Long term)

We believe in technical analysis and fundamental analysis. We always try to give best analysis based on charts and upcoming events.
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California has introduced a bill to make #Bitcoin legal tender.
๐Ÿ’ฅBREAKING: South Korea's most profitable bank is launching a #Bitcoin  ETF.
๐Ÿ’ฅSwiss town of Lugano says it will be the European #Bitcoin  capital. ๐Ÿ™Œ ๐Ÿ‡จ๐Ÿ‡ญ
#Bitcoin Short-Term Holders currently own 54.5% of all coins held at an unrealized loss (2.56M $BTC), creating sell-side headwinds for price.
- glassnode
JUST IN: #Bitcoin  and #Ethereum trading is now available on the Bulgarian Stock Exchange!
During the ongoing lagislative process to regulate and tax the cryptocurrency industry, Thailand's ministry of finance has defined its proposed tax rates for cryptocurrency trading and investment. Thailand's Stock Exchange allows trading with #Bitcoin  and crypto
๐Ÿ’ฅBREAKING: Brazil Senate's economic affairs committee unanimously approved a bill that will regulate #Bitcoin 
๐Ÿ‘1
๐Ÿ’ฅINTEL just unveiled a new 3,600-watt #Bitcoin  mining rig comprising 300 BMZ1 chips. Giant is in!
#Bitcoin โ€” the largest cryptocurrency by market capitalization โ€” is trading on Indiaโ€™s top exchanges at about a 5.7% premium compared to the global average. 
Indiaโ€™s current premium is more than triple that of South Koreaโ€™s famous kimchi premium, which is currently sitting at 1.6%.
โ #Bitcoin plunges as Putin announces 'special military operation' in Ukraine

The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response.
#bitcoin  down, gold up. Seems most investors see bitcoin as a tech stock like Google or meme stock, not as a commodity / digital gold.
#Bitcoin  21 EMA (3 Day) has now moved down too $41,000 after todays volatility

Getting back above it will be a bullish signal:
#Bitcoin donations to the Ukrainian army are soaring after Moscow launched a large-scale offensive against Ukraine.
New data from blockchain analytics firm Elliptic shows that over a 12-hour window, nearly $400,000 in
bitcoin was donated to Come Back Alive, a Ukrainian NGO providing support to Ukraineโ€™s armed forces. - CNBC
๐Ÿ“#Bitcoin Update (Continue)

Bitcoin Bounce back from $34000 as all markets showed positive recovery. Bitcoin trying to break its resistance zone of $38200 to $39400.

There is huge spike in volume as well. But $40k resistance is important to break for any further movement.

Gold and
bitcoin prices showing a inverse relation. While bitcoin is pumping gold price is going down.

We may see high volatility If any bad news comes from Russia-Ukraine.

Trade safe and stay tuned for more info!!

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#BTC is a risk-on safehaven.

#Gold is a risk-off safehaven.

#Bitcoin as an untested theoretical safehaven, this year will be the first proper market test of it.

In a war time scenario, risk-off is the first market response, the second market response is towards safehavens.
#Bitcoin is trying to break the $39,400 resistance area. BTC needs to close a candle above it and hold. The next local resistance is $40,500 and $41,200 area. The first support is $38,200 and the major support is $36,000 area. Market get some positive move only if hold above $40,000 area. The war tension still impacts #crypto markets so use tight stop loss in all trades.
JUST IN: Over $5 million #Bitcoin  has been donated to the Ukrainian military