#Bitcoin could hit $10M in 9 years but more sidechains needed : Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
🇺🇸U.S. Economic Data This Week:
CPI Inflation (Tues.)🔥
Retail Sales (Wed.)
Ny Fed Manufacturing Index (Wed.)
PPI Inflation (Thurs.)
Philly Fed Manufacturing Index (Thurs.)
Jobless Claims (Thurs.)
Housing Starts (Thurs.)
CPI Inflation (Tues.)🔥
Retail Sales (Wed.)
Ny Fed Manufacturing Index (Wed.)
PPI Inflation (Thurs.)
Philly Fed Manufacturing Index (Thurs.)
Jobless Claims (Thurs.)
Housing Starts (Thurs.)
#Educational
Relative strength index (RSI)
RSI is mostly used to help traders identify momentum, market conditions and warning signals for dangerous price movements. RSI is expressed as a figure between 0 and 100. An asset around the 70 level is often considered overbought, while an asset at or near 30 is often considered oversold.
An overbought signal suggests that short-term gains may be reaching a point of maturity and assets may be in for a price correction. In contrast, an oversold signal could mean that short-term declines are reaching maturity and assets may be in for a rally.
Relative strength index (RSI)
RSI is mostly used to help traders identify momentum, market conditions and warning signals for dangerous price movements. RSI is expressed as a figure between 0 and 100. An asset around the 70 level is often considered overbought, while an asset at or near 30 is often considered oversold.
An overbought signal suggests that short-term gains may be reaching a point of maturity and assets may be in for a price correction. In contrast, an oversold signal could mean that short-term declines are reaching maturity and assets may be in for a rally.
#Solana
It has formed a bearish channel and is at the support of $20.00-20.50. The continuation of negative news in the market will cause the support to fail and the price will reach 18$ .
It has formed a bearish channel and is at the support of $20.00-20.50. The continuation of negative news in the market will cause the support to fail and the price will reach 18$ .
#Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows
#VRA with support, it faces $0.0078 - $0.0085. and has reached the bottom of the channel. If the support is broken, there is a possibility of a decline to $0.0054. Negative divergence is also observed.
#Bitcoin started ranging just above the major support level . Price looks too much corrective while going down. Still, eyes on $21,070 - $21,300. Anticipating a reversal from there and in case of break, bearish trend might continue.
#Ethereum has broken the $1,500-1,520 support zone, but the break was not too strong and there is a possibility of a price reversal if the dynamic resistance is crossed. The next support is $1400.
#FTM
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
#Dogecoin is facing a support range of $0.079 - $0.081. If the support holds, the rally is likely to continue up to $ 0.098, and if the support is broken, the next support is the $ 0.068 price zone.
#Educational
What Is a Death Cross?
The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched stock-market moving averages are the 50-day and the 200-day.
What Is a Death Cross?
The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched stock-market moving averages are the 50-day and the 200-day.
#LINK is just above the $6.46-$6.30 support range. If the price drops to the support again, the probability of short selling will be very high and the next support area is $5.72-$5.54.
#Bitcoin addresses with non-zero balances saw a quick spike last month. Looks like people start accumulating BTC for the next block reward halving.