📢PSA: Due to extreme market conditions, Celsius is pausing all withdrawals, swap, and transfers between accounts

🔸 The halt was made in order to stabilize liquidity and operations while they take steps to preserve and protect assets

The process may take some time guys. Keep yourself updated if you have an account here.

source

Here are the Bitcoin Holdings from Public Companies

Micro Strategy and Tesla’s average cost are between $30000-$32000

$BTC Analysis
June 13, 2022
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BIAS:
Mid-Term: Bearish
Short-Term: Bearish
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Bearish on every single time frame, BTC has reached long term correction levels never seen before, and RSI levels not seen since 2018. This is once of the biggest cuts we've ever seen in the market, and it's clearly an over extension meant to liquidate most market players before another move.

$23,500 is a very strong bounce area for BTC, which should hold and take price above at least $26,000 for it to become a mid term bottom. If not, a break below $20,000 would be the worst case scenario for BTC.

Up Probability: 39% - Down: 61%
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MAIN INTEREST LEVELS

⬇️SHORT⬇️
$26,613

⬆️LONG⬆️
$21,175

PREDICTED DAILY RANGE
$20,224- $25,831

This selling pressure came from Binance and FTX.

$BTC Exchange Inflow CDD(Coins Days Destroyed) indicates old whale deposits. Binance's Inflow CDD reached a year-high before the drop.

- Source

1000D MA and 200W MA
🔸 According to the last decade's history, Bitcoin has now entered the zone of maximum opportunity.

source

🚩 FOMC countdown
🔸 Take note of the Fed-FOMC meeting tomorrow (June 15, 2022)
🔸 1Day and 7hours left
You can check the live countdown here👇


https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

2.5 Billion TRX Removed from Binance by Tron to Prevent USDD De-Peg

In a recent tweet, TRON DAO Reserve, which manages stablecoin USDD, says it is withdrawing 2.5 billion TRX out of Binance to "safeguard the overall blockchain industry and crypto market."
The first transaction pertains to 339,999,999 TRX (16,960,959 USD) transferred from Binance to an unknown wallet, and the second was of 499,999,999 TRX (25,173,868 USD) also transferred from Binance to an unknown wallet.

Source

"Best Trading Opportunity Ever" Says Blockware Analyst, According to On-Chain Metrics"

Despite the poor performance of the cryptocurrency market, many indicators suggest that it might be one of the best times to buy the digital gold, considering its undervaluation following the massive liquidations volume on the market.
The indicator used by Clemente is the Dormancy Flow metric that shows the average number of days each transaction remains dormant. The metric reflects the spending pattern of market participants.

Source

Bitcoin sits below its 4-year trend for just the 3rd time ever

Make or break?

Source

Today’s Bitcoin Fear and Greed Index is 6 — Extreme Fear
This market sentiment (Extreme Fear) has been consistent for months now.

❤️ Thank You 2000 Members ❤️

Over $277 million BTC liquidations were recorded for the past 24 hours

As seen on above, liquidations went both ways which indicates high volatility

Trade carefully!

خريف العملات الرقمية، هكذا بات يشار إلى سوق العملات الذي يواصل الانهيار، فقد تراجعت عملة بتكوين بنحو سبعين في المئة من أعلى مستوياتها في نوفمبر الماضي عندما كانت تقترب من 70 ألف دولار للعملة. وفي ظل هذه الخسائر، شهدت أكبر منصة للعملات الرقمية في الشرق الأوسط تسريح عدد من موظفيها بمعدل 7% خلال الأسبوع الماضي. فهل يتواصل هذا النزيف في العملات الرقمية إلى مستويات أدنى؟ هل يؤدي هذا الهبوط إلى قلة الثقة بالعملات الرقمية أم العكس فرصة للشراء؟

للتعليق على الموضوع ينضم إلينا الرئيس التنفيذي لشركة FLUUS.com المختصة في العملات الرقمية _توفيق الرجولة.

https://youtu.be/3-w4NKvDp9A

Bitcoin Macro Update

For the first time, BTC broke down its previous ATH

🔸 Bitcoin is now trading above the ATH support level from the previous cycle, with an open weekly candle below it. If this level of support remains to be lost, Bitcoin will continue to plummet. First, at $ 16,700-15,500, and then at $ 12,000-13,000 if there is no support.

BTC Realized Loss in USD

🔸 The last three consecutive days have been the largest USD denominated Realized Loss in #Bitcoin history.

🔸 Over $7.325B in $BTC losses have been locked in by investors spending coins that were accumulated at higher prices.

MARKET UPDATE: $USDT DOMINANCE

USDT dominance has done break of structure and currently it's going to re the break of structure zone. The trend shift from trending high to trending low is expected if it reed successfully and that would be a bullish sign for the crypto market as it works opposite to USDT dominance.

📢 FOR TODAY'S UPDATE 📢

🔴Today's Fear and Greed Index is 9 - CHECK HERE

📊BTC leaving the exchanges for today: $181.8M - CHECK HERE

CRYPTONEWS

🔶Bitcoin Bounces Back Above $20,000, Ethereum Exceeds $1,000 – MORE DETAILS

🔶Crypto market turns green as nearly $70 billion inflows in 24 hours – MORE DETAILS

CRYPTOTWITTER (CT)

🟠Bitcoin Miners have stopped selling; Accumulation has re-started – SEE HERE

🟠Bitcoin can stay oversold for quite sometime before transitioning into a new bull market – SEE HERE

🟠BTC Realized Loss in USD – SEE HERE

ON-CHAIN

🔸All three Bitcoin MVRV cohort ratios are now underwater – SEE HERE

LESSON FOR THE DAY

◻️20 top resources to help you think clearly, be resilient and keep building 'no matter what' – LEARN HERE