Here's a quick update on #BTC π
Frist, the good news is Bitcoin staying in a strong support (the 1st red line) on DAILY TIMEFRAME and it has also bounced back from the trendline after the rapid dump just now. We need to see a clear bounce on this support zone to make sure that Bitcoin is still bullish.
Conversely, if the black trendline can't hold, the next BIG LEVEL to watch is 40k. Always keep in mind that "Don't trade against the Market". Cheers.π₯
Frist, the good news is Bitcoin staying in a strong support (the 1st red line) on DAILY TIMEFRAME and it has also bounced back from the trendline after the rapid dump just now. We need to see a clear bounce on this support zone to make sure that Bitcoin is still bullish.
Conversely, if the black trendline can't hold, the next BIG LEVEL to watch is 40k. Always keep in mind that "Don't trade against the Market". Cheers.π₯
π1
Crypto Signal Provider π΅
Here's a quick update on #BTC π Frist, the good news is Bitcoin staying in a strong support (the 1st red line) on DAILY TIMEFRAME and it has also bounced back from the trendline after the rapid dump just now. We need to see a clear bounce on this supportβ¦
Remember what I said. Bounce at 40k π₯Έ
Quick update on Bitcoin π
A new potential CME GAP will be formed at 53k, as CME Market was closed before the dump. So, Bitcoin may pump after Sunday which needs to fill the GAP. DYOR. Cheersπ₯
A new potential CME GAP will be formed at 53k, as CME Market was closed before the dump. So, Bitcoin may pump after Sunday which needs to fill the GAP. DYOR. Cheersπ₯
Forwarded from π°Crypto Signal VIP Group
CME Group has launched micro ether futures, which offer exposure to ETH, sized at 1/10 of one Ether
https://www.cmegroup.com/markets/cryptocurrencies/ether/micro-ether.html
https://www.cmegroup.com/markets/cryptocurrencies/ether/micro-ether.html
Cmegroup
Micro Ether Overview
Micro Ether futures provides another efficient, cost-effective way to manage your exposure to one of largest cryptocurrencies by market capitalization and further optimize your trading strategies.
π1
Forwarded from π°Crypto Signal VIP Group
Bitcoin hashrate has almost completely recovered, sitting only 4% below the ATH (7-day moving average basis).
Network hashrate fell by over 50% in May following China's ban on Bitcoin mining
Hashrate has since climbed by 93% from the lows, hitting 172 Exahash/s today.
Network hashrate fell by over 50% in May following China's ban on Bitcoin mining
Hashrate has since climbed by 93% from the lows, hitting 172 Exahash/s today.
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Instagram is working on bringing NFTs to a wider audience, as its parent Meta goes all-in on the metaverse
https://markets.businessinsider.com/news/currencies/instagram-nfts-non-fungible-meta-metaverse-adam-mosseri-crypto-collectibles-2021-12
https://markets.businessinsider.com/news/currencies/instagram-nfts-non-fungible-meta-metaverse-adam-mosseri-crypto-collectibles-2021-12
Business Insider
Instagram is working on bringing NFTs to a wider audience, as its parent Meta goes all-in on the metaverse
"We are definitely actively exploring NFTs and how we can make them more accessible to a wider audience," Instagram's CEO said.
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