⚠️United States Federal
Reserve Interest Rate
Decision will be released in 5 mins.

Bitcoin on track for its second best January since 2012.

Bitcoin is up over 40% YTD and is well on track for its second-best January in the past ten years. While BTC still trades below its 2022 highs of $24.5K, the current rally has far outpaced all other relief rallies we’ve seen over the past year. The broader crypto market recovery comes amid a positive shift in risk sentiment after U.S. inflation showed convincing signs of easing over the past few months.

#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update

Taking a look at the 4-hour chart, it appears that #Bitcoin is hovering around the significant resistance of $23250.
After multiple rejections, it was able to break through after a weak FED news.
There is a chance of a sudden pump to the $25000 level this week. However, if it fails to stay above the ($23250) trend line, we anticipate a correction to $20000 as the on-chain data confirms it too.

https://www.tradingview.com/x/zDrKzcjW/

🌐 WEEKLY ECONOMIC NEWS
Cryptocurrency Market

⏰ 5 ~ 11 Feb 2023
Time Zone: UTC

🔍 Open and zoom the GIF for more details.

🌐 WEEKLY ECONOMIC NEWS
Cryptocurrency Market

⏰ 12 ~ 18 Feb 2023
Time Zone: UTC

🔍 Open and zoom the GIF for more details.

The Rise and Fall of Bitcoin (Episode 1: 2010 to 2012)
A Timeline of Historical Fundamental Events and Their Impact on Price.

Welcome to the world of Bitcoin!
In this video, we will explore the history of the world's first decentralized digital currency which is the leading indicator for the overall cryptocurrency market.
We will trace its origins back to the early days, discuss the most important fundamental events that shaped its development and chart its price movements over the years.
We will also examine how these events affected the value of Bitcoin and how it has evolved since its inception. So, let's dive in and explore Bitcoin's fascinating history!

This video will focus particularly on the period between 2010 and 2012, a key time in the development of Bitcoin. We will discuss the various events that took place during this period, and how they contributed to the growth of the currency. We will also explore the changing price movements of Bitcoin during this time and how these events impacted its value. Finally, we will look at the progress that was made in this period, and the legacy it left in the world of cryptocurrency. So, let's explore the history of Bitcoin between 2010 and 2012!

If you're interested in learning about Bitcoin, Cryptocurrencies, Historical Fundamental Events and Their Impact on Price, this video is for you!

WATCH NOW 👇👇👇
https://youtu.be/sfyIqItN27g

SEC to sue Paxos for listing Binance USD stablecoin ⚠️

https://www.theblock.co/post/210919/sec-to-sue-paxos-for-listing-binance-usd-stablecoin-wsj?utm_source=telegram2&utm_medium=social

Impact:🔴 High
Country: 🇺🇸USD
Title: 📌 FOMC Meeting Minutes
Date: 🗓 2/22/2023 2:00:00 PM


⏰: Max 10 Minute until news!

#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update

Bitcoin is currently trading around the key trendline at $23,500. The daily price range is between $21,000 and $25,000.
If the $23,50A successful breakout above $25,214 is needed to continue this upward trend0 support level is breached, it may drop to $22,000, providing an opportunity for those looking to buy Bitcoin at a lower price.

To continue this upward trend, a successful breakout above $25,214 is needed.

https://www.tradingview.com/x/gRUED85A/

#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update

The price dropped to $22,000 after breaking the $23,500 daily support as we expected in the previous analysis.

Is this area a good opportunity to buy Bitcoin or not?

Actually, The weekly uptrend is almost broken and the overall condition of the global economy does not seem perfect at the moment but locally we’re above a major demand zone for Bitcoin.
So, Firstly, the best choice is to wait and see the price action in this strong support zone.
Secondly, We must see a good confirmation for reversal before taking any decision for buying Bitcoin or any Altcoins.

The main support area is wide and located between $20,000 and $22,000. Breaking down the $20,000 will be a very bad sign for the next months.

We will wait for a nice rally (4H) from this area to can consider it as a confirmation of the reversal and get back into the market.

https://www.tradingview.com/x/HY1TebkN/

🌐 WEEKLY ECONOMIC NEWS
Cryptocurrency Market

⏰ 5 ~ 11 March 2023
Time Zone: UTC

🔍 Open and zoom the GIF for more details.

⚠️ USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal

https://www.coindesk.com/markets/2023/03/11/usdc-stablecoin-depegs-from-1-circle-says-operations-are-normal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Circle CEO: While USDC can be used 24/7/365 on chain, issuance and redemption is constrained by the working hours of the U.S. banking system. USDC liquidity operations will resume as normal when banks open on Monday morning in the United States.

https://twitter.com/jerallaire/status/1634649346535833601

FED announces it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors — fed

🌐 WEEKLY ECONOMIC NEWS
Cryptocurrency Market

⏰ 19 ~ 25 March 2023
Time Zone: UTC

🔍 Open and zoom the GIF for more details.

⚠️ United States Federal Reserve Interest Rate Decision will be released in about 2 hours!

CPI Index ~ Good for Crypto 🔥