Forwarded from Canva
Celsius Network confirms it lost money in the BadgerDAO DeFi hack — link
The Block
Celsius Network confirms it lost money in the BadgerDAO DeFi hack
Crypto lending company Celsius Network confirmed in a live stream today that it lost funds in the BadgerDAO hack earlier this week.
Forwarded from Canva
Market crash
More than a billion dollars liquidated. Btc tested the major liquidity (demand area) of $42,000 and quickly bounced from there. Btc needs to go above $50,000 otherwise we will see range trading for a few weeks. This dump is similar to the ones in May and June.
More than a billion dollars liquidated. Btc tested the major liquidity (demand area) of $42,000 and quickly bounced from there. Btc needs to go above $50,000 otherwise we will see range trading for a few weeks. This dump is similar to the ones in May and June.
Forwarded from Canva
Bitcoin Weekly analysis:
Bitcoin is now at the last defense point for this bull run. The weekly 50 MA and trendline support is there. BTC need to hold weekly candle above both the trendline and the 50 MA. If BTC holds above both then in coming weeks we will see a retest of $60,000 on weekly chart. If BTC breaks this support then we see more downward movement for next few weeks. Crucial time for Bitcoin.
Bitcoin is now at the last defense point for this bull run. The weekly 50 MA and trendline support is there. BTC need to hold weekly candle above both the trendline and the 50 MA. If BTC holds above both then in coming weeks we will see a retest of $60,000 on weekly chart. If BTC breaks this support then we see more downward movement for next few weeks. Crucial time for Bitcoin.
Forwarded from Canva
Data points to whales increasingly eager to sell
Highlighting its exchange whale ratio metric, CryptoQuant deduced that major Bitcoin investors were taking no chances when it comes to short-term price action.
Exchange whale ratio measures the size of the largest inflows and outflows from exchanges relative to total inflows and outflows.
Before Saturday's dip to $41,900, the metric spiked above the peak 0.95 level — and as of Monday, is back in the same territory.
Highlighting its exchange whale ratio metric, CryptoQuant deduced that major Bitcoin investors were taking no chances when it comes to short-term price action.
Exchange whale ratio measures the size of the largest inflows and outflows from exchanges relative to total inflows and outflows.
Before Saturday's dip to $41,900, the metric spiked above the peak 0.95 level — and as of Monday, is back in the same territory.
Forwarded from Canva
Most people only feel like buying when the market goes up to ride profits and big green candles!
Most people only feel like selling when the market goes down to cut the losses!
Stop this mindset.
Sell into greed and fomo.
Buy into fear and depression.
Ride the waves.
Most people only feel like selling when the market goes down to cut the losses!
Stop this mindset.
Sell into greed and fomo.
Buy into fear and depression.
Ride the waves.
Forwarded from Canva
ETH weekly analysis:
ETH is holding the weekly major support of $3900-$4000 and this is must hold support. ETH is also taking the uptrend line support which is near $4000 area. ETH is now at the two strong support zones and if ETH breaks this support area then the uptrend is over and we see downtrend movement. Keep close eye on this level on weekly chart.
ETH is holding the weekly major support of $3900-$4000 and this is must hold support. ETH is also taking the uptrend line support which is near $4000 area. ETH is now at the two strong support zones and if ETH breaks this support area then the uptrend is over and we see downtrend movement. Keep close eye on this level on weekly chart.
Forwarded from Canva
MicroStrategy CEO Michael Saylor has confirmed that his company has purchased an additional 1,434 bitcoins for $82.4 million in cash at an average price of $57,477. The latest BTC purchase comes as Saylor declares that ‘cash and credit are crumbling.’