ETH/BTC UPDATE

The price is consolidating above the 0.061 support level for quite a long time (since the beginning of 2023 in fact).

Moreover, there is a massive Falling Wedge that has been forming since the August 2022.

I believe that we will see a breakout of this wedge in September - October 2023 and this will be a start of a Great Altcoin Season!

Litecoin Halving has been successfully completed.

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The Impact of Taker Buy Sell Ratio and Coinbase Premium Index on the Price of Ethereum

"The fluctuations of the Coinbase Premium Index are strongly related to the price movement of Ethereum, suggesting that price changes are associated with trading activities on Coinbase."

JUST IN: X seeks to hire a financial data company to build an in-app trading hub, Semafor reports.

$BTC 🚀

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According to a study by the Boston Consulting Group, over 90% of all financial trades are now executed by automated systems. (Bots)
This trend towards automation in trading has been driven by the increased speed and accuracy of these systems, as well as the ability to process large amounts of data in real-time.

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