Pavel Durov announced that 2024 will go down in history

“2024 will be a landmark year as hundreds of millions of people become acquainted with blockchain.”

He expresses pride in the successes achieved by the Telegram messenger along with blockchain.

This month, Pavel plans to add a mini app store and a built-in browser with Web3 page support.

He also intends to intensify the fight against scammers who deceive people in the crypto sphere.

Telegram will soon start providing small statistics on public accounts, including the registration date and the primary country.

“We will also allow organizations to use their mini-apps to issue labels for channels, creating a decentralized market for third-party verification.”

#BTC Update 📈

⏳ Precise Timing: Our timing has been spot on. The next weekly pivot dates are August 5th and August 19th.

📊 Current Situation:
- Option 1: If Bitcoin goes higher before August 5th, we'll see a retest. Holding this retest could lead us to new all-time highs.
- Option 2: If we consolidate above support until August 5th, and hold it, we can expect a move higher.

🛑 Key Level: If we fail to hold $62,300, the move to new highs could take months and be a slower, more boring process.

Stay tuned for updates as we approach these pivotal dates!

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

Sigma Crypto Chad

#ORDI Update 📈

📊 New Altcoin Position: It's been a while since we recommended an altcoin, but now is a great time to consider buying ORDI. We've formed a beautiful pennant, and several weekly pivots are approaching.

🔑 Key Levels:
- Main Support: $37.8 - We're consolidating above this level.
- Buy Signal: Once we close above the main trend line, it's recommended to add ORDI to your bag.

📅 Major Weekly Turning Points:
- July 29th
- August 12th
- September 2nd

🎯 Targets:
- Minimum Target: $61.5 (almost 50% profit)
- Potential Highs: If we flip $61.5, new all-time highs could come with targets above $100.

📈 Action Plan: Monitor carefully. Once we close above the major trend line, it's a definite Buy!

https://www.tradingview.com/x/CK2LZRnX/

Sigma Crypto Chad

https://youtu.be/Fm_k8mUWyhI

Check out new episode out

#BTC Update 📉

🔄 Correction in Play: As we pointed out last time, the correction option is now in play. We lost local support at $66,300, but the weekly candle hasn't closed yet.

🔑 Key Support Level: The main support is now $62,300. Holding this level until the next weekly pivot on August 5th is crucial.

📅 Strategy: For now, wait for the situation to unfold. Monitor the support level and the weekly pivot in August before entering a position.

Stay patient and stay tuned for updates!

https://www.tradingview.com/x/EanNL6aC/

Sigma Crypto Chad

Meta and the New AI Model

On July 23, 2024, Meta announced its new AI model, named Llama 3.1. According to CEO Mark Zuckerberg, this model is designed to compete with similar products from OpenAI and Google.

The development of Llama 3.1 took several months and cost hundreds of millions of dollars in computational resources.

It is known that Llama 3.1 is used to create chatbots both within Meta and by external developers. The new model also includes generative AI capabilities, allowing it to create images based on text prompts.