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✴️ The Weekly Timeframe Reveals Shiba Inu's True PotentialWhile on the daily timeframe things can see over-extended, a clearer picture comes up when we zoom out and go long-term. Shiba Inu (SHIBUSDT) just this week moved above EMA10... That's only the first barrier and candle closure is needed for confirmation, another day. First and easy target is set at 30% potential or 0.00001315. Going higher, 100% is possible at 0.00002122. We are happy with 100% but there can be much more if one has the ability to wait. Additional details on the chart. Namaste.
Long
by AlanSantana
1
January 12 Bitcoin Bybit chart analysis hello A guide to Bitcoin. long time no see. It is also planned to be reorganized in the future. Today is an important CPI announcement day. We will proceed with full disclosure. Bitcoin 30 minute chart. It is a light blue finger one-way long position strategy. *17942 Long / Stop Loss when breaking the green support line / The final target is Good -> $19329.5. My analysis is for reference only. I hope you operate safely with principle trading / stop loss essential. thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
1
for #bnb we will be finding out!For Binance Coin, it must be said that what we are considering has not been formed yet! But with a simple look at the #market situation and the conditions that occurred in the last few months, it is not possible to say whether #Binance #Coin will be an exception to this rule or not. What you see below this chart are very important lines that have shown their validity in the price structure and the chart, and what can be said is that we cannot be certain about the possible path that may take place in the last few months. Kand commented, only the lines and ranges have been determined for further investigation. Please note that our main idea about ##Bitcoin is still bearish and it seems that the market does not have enough value for investment in larger time frames.
by rfmarandi
January 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart In the first trading week of 2023, the market was still consolidated with extremely low volatility and trading volume. Bitcoin's volatility has hit record lows one after another, and a new round of changes is brewing. The probability of Bitcoin's upward turnup still exists, but it needs to wait patiently for market confidence to recover. Today’s Cryptocurrency Headline Shopify Supported All Merchants to Directly Sell and Mint NFT on Avalanche According to Decrypt, the e-commerce giant Shopify announced that it has supported millions of online merchants on the platform to directly sell and mint NFT on the Avalanche chain without guiding customers to the NFT market such as OpenSea or Magic Eden. This function was developed in cooperation with Venly, a blockchain technology startup. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
January 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin has hit the resistance level of $17,000 twice in a row, and it still has not successfully broken through. At present, Bitcoin has risen and fallen back, but there is still the possibility of a rebound in the short term. If Bitcoin starts a rally, its sustainability will be crucial. This determines whether Bitcoin can break through the current narrow consolidation range to gain more upward momentum. Today’s Cryptocurrency Headline BlackRock Adds Bitcoin to Its Global Allocation Fund Portfolio Asset management giant BlackRock has added bitcoin to the portfolio of its BlackRock Global Allocation Fund, Trustnode reported. BlackRock said in a filing that the fund may invest in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission. It was one of the first general funds to add bitcoin to its portfolio. It is reported that the BlackRock Global Allocation Fund invests in stocks, bonds and short-term securities of corporate and government issuers on a global scale, without prescribed restrictions. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
January 4 BTCUSD BingX Chart Analysis and Today's HeadlineAfter failing to challenge $18,000 some time ago, the price of Bitcoin has never made a big breakthrough. The bitcoin price has entered a low volatility channel. The cryptocurrency market is already showing signs of malaise, both in the short and medium term. In the short term, $16,000 remains a key support level for Bitcoin and a critical point for market sentiment. Today’s Cryptocurrency Headline zkSync Launches New Plugin Supporting Smart Contract Verification According to the official Twitter, the Ethereum Layer 2 expansion program zkSync announced the launch of a new plug-in that supports smart contract verification to improve the developer experience on zkSync 2.0. The hardhat-zkSync-verify plugin allows developers to verify smart contracts deployed on zkSync 2.0 from the terminal and programmatically. This plugin can be used for hardhat-etherscan, has a similar API and requires almost no code changes. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
✴️ Ethereum Classic Moves Past EMA50Ethereum Classic (ETCUSDT) managed to move above EMA50 to the upside. This is the first time this happens since July 2022. Now, can it stay above EMA50? We have the long-term higher low and basically the exact same conditions as we did last year. The prognostications look good. We can't say if it will or will not stay above this level. The technicals are bullish and we can expect additional growth but here is how really things work... If ETCUSDT moves back below EMA50, the mid-term bullish bias is lost. Staying above this level and the bulls remain in control. We got the breakout... It is for the market to decide how things will turn. We should see growth for 1-2 months... Hopefully! Namaste.
Long
by AlanSantana
1
Jan 3 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart blog.bingx.com Bitcoin rebounded after stepping back on the support of $16,000, but whether a bottom structure has been formed still needs further confirmation. If BTC continues to rally above the $18,000 resistance this week, the market’s optimism will rise further. We also need to watch the $16,000 support level. If BTC falls below this position, it means that Bitcoin's rebound has come to an end and the market will bottom out again. Today’s Cryptocurrency Headline Turkey to Use Blockchain-Based Digital Identities for Online Public Services Citizens will be able to use blockchain-based digital identities to access e-wallet applications, Turkish Vice President Fuat Oktay announced during the Digital Turkey 2023 event. Among them, E-Devlet, Turkey's digital government portal for accessing various public services, will use blockchain-based digital identities to verify Turkish citizenship during login. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
✴️ Ethereum Classic Part 2 | Can It Go Higher Than $45?Part 1 is the July/August 2022 bullish wave... It is hard to believe but its been more than 4.5 months since the last high. Cryptocurrencies tend to correct for 2-3 months, normally... This time it has been already 4.7 months and we are still within a higher low. What this means is that the next bullish wave is overdue. Even on another shakeout, it gets closer and closer with each passing day. Higher lows lead to higher highs... So there is potential for Ethereum Classic to go above $45 . See the chart for additional information. Namaste.
Long
by AlanSantana
2
December 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 0.36% over the last 24 hours and rose to an intraday high of $16,660.00. The largest cryptocurrency continues to trade between $16,500 and its 20-day exponential moving average (EMA) of $16,822, suggesting investors are still not active. If the price turns down and slips below $16,500, the selling could pick up pace and the BTC/USDT pair could fall to the $16,000 to $15,476 support zone. Today’s Cryptocurrency Headline Alameda Research Liquidates Ethereum-Based Token On-chain data cited by crypto research firm Arkham Intelligence suggested $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over several hours on Wednesday. Multiple tokens including USDC, DAI, CRV, ETH, and CVX were merged from several wallets into two wallets and then sold for USDT. The holdings were then converted into bitcoin (BTC) using swapping services like FixedFloat and ChangeNow. According to Arkham Intelligence data, Alameda still holds over $112 million worth of various cryptocurrencies, down from $140 million held in mid-November. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
December 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 1.01% over the last 24 hours and fell to an intraday low of $16,458.52. The largest cryptocurrency has been trading between $16,500 and its 20-day exponential moving average (EMA) of $16,852 for the past few days, suggesting traders are not clear about the next directional move. The 20-day EMA is sloping down gradually and the relative strength index (RSI) is near 43, indicating a slight advantage to bears. The BTC/USDT is likely to stay in the $16,000-$17,000 price zone for the next few days. Today’s Cryptocurrency Headline MicroStrategy to Launch Bitcoin Lightning Network Apps and Solutions in 2023 MicroStrategy executive chairman Michael Saylor said on Twitter Spaces that the company will launch software applications and solutions powered by the Bitcoin Lightning Network in 2023. Saylor mentioned that as part of his transition from CEO to executive chairman, the company’s Bitcoin division has been able to focus more deeply on how Bitcoin can not only be bought and held, but also contribute to the ecosystem. As MicroStrategy seeks to expand beyond conventional software applications into Bitcoin, it can leverage its existing knowledge to provide enterprises with tools for the Bitcoin and Lightning ecosystems. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December 28 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CryptoQuant, more than $19 billion in BTC, ETH, stablecoins left crypto exchanges since November 5, 2022. Bitcoin is down 1.22% over the last 24 hours and fell to an intraday low of $16,589.28. The cryptocurrency market has experienced record-low volatility as investors have largely stayed away during the holiday season. The price of Bitcoin has been fluctuating in a tiny range for the past few days, suggesting traders are not clear about the next directional move. The BTC/USDT is likely to stay in the $16,000-$17,000 price zone for the next few days. Today’s Cryptocurrency Headline Crypto Investment Firm Midas Shuts Down Platform Iakov "Trevor" Levin, CEO and founder of Midas Investments, an investment company focused on DeFi yields, issued an announcement stating that the company decided to close its platform after suffering significant losses in 2022. Last spring, the Midas DeFi portfolio lost $50 million, or 20% of its $250 million in assets under management (AUM), and after the collapse of Celsius and FTX, its platform experienced over 60% of AUM being withdrawn. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
December 27 BTCUSD BingX Chart Analysis and Today's HeadlineBased on Bitcoin's recent behavior, it is still trading below the $17,000 resistance level, which it has been unable to break effectively. The quick recovery from last night's slight drop in Bitcoin is a sign of jittery market sentiment. If bitcoin does not break through resistance in the near term, it will continue to oscillate between $16,500 and $16,880. Today’s Cryptocurrency Headline Fidelity Filed Three Metaverse Related Trademark Applications Fidelity has filed three metaverse related trademark applications with The U.S. Patent and Trademark Office (USPTO), covering NFT and NFT markets, virtual real estate investments, crypto trading, and metaverse investment services, according to The Block. Fidelity has embraced digital assets more than most large investment firms. In October, Fidelity said it planned to hire 100 more people in cryptocurrencies, expanding its digital assets team to 500. The company also launched commission-free retail crypto trading accounts in November. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
December 26 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin has been on a downward trend since it fell from $69,000 to the present without a decent rally. Bitcoin is currently in a low volatility range for a long time, and has yet to see a major upward or downward trend. If BTC can pull back $18, 500, then there is a reasonable chance that the decline will be reversed and a choppy climb will follow. However, there is not enough liquidity in the market for the Christmas holiday, so the cryptocurrency is still down. Today’s Cryptocurrency Headline Bitcoin Mining Companies Have Racked Up $4 Billion in Debt This Year Bitcoin mining companies have been struggling under the weight of a year-long bear market, with collective debt expected to surpass $4 billion by the end of 2022, according to a report from Hashrate Index. The worst case is Core Scientific, which owes $1.3 billion to creditors and has filed for Chapter 11 bankruptcy. Marathon Digital owes about $851 million, but most of it is convertible notes, meaning its creditors can exchange them for stock in the company. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin price is almost flat over the last 24 hours. The largest cryptocurrency has been trading below the 20-day exponential moving average ($16,985) since Dec. 16, which has become a crucial resistance level. A breakout from here will potentially initiate an uptrend in the short term. The flattish 20-day EMA and the relative strength index (RSI) near 46 do not give a clear advantage either to the bulls or the bears. The BTC/USDT pair is likely to stay in the $16,000-$17,000 price zone until the holiday season is over. Today’s Cryptocurrency Headline Brazilian President Signs Off on National Crypto Rules Brazil President Jair Bolsonaro on Thursday approved a crypto regulation bill recently passed by that country’s Chamber of Deputies and the Senate. The new law establishes a crime of fraud involving virtual assets, with a penalty of between four and six years in jail plus a fine. It also creates a “virtual service provider” license, which is to be requested by digital asset companies, including exchanges and trading intermediaries. Digital assets that are considered securities will be regulated by the Brazilian Securities and Exchange Commission (CVM), while assets that do not fall into this category will be regulated by another yet-to-be-established agency. Companies will have 180 days to adapt to the new rules. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December22 Bitcoin Bybit chart analysis Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 22. Bitcoin 4 hour chart. Today's approximate top price and bottom price are displayed. centered around the purple support line Red upward / sky blue downward movement path check I created today's trading strategy. This is a one-way long position strategy on the 30-minute chart. In the case of Bitcoin I haven't touched the support line for 30 minutes today. Touch completed up to the 1-hour resistance line. The 30-minute chart progressed to the MACD dead cross. 12 Hour / Daily Chart MACD Golden Cross is waiting It becomes a condition for strong rise. Please pay attention to the movement up to the top section according to the Nasdaq purple support line. In terms of the Ichimoku equilibrium, when the purple support line breaks Since the support line is open, it can fall strongly, A short position is an advantage. Within the convergence zone of the red resistance line / light blue support line If there is no movement, it is sideways. (when the main price is represented near the support resistance line) *At the red arrow path long position strategy 1. $16823.5 long position entry section / stop loss when breaking the light blue support line / $17221 long position target Variables may come out in the indicator announcement at 10:30 today In the case of Nasdaq, because the situation is similar to Bitcoin. It's not good to be pushed from your current position. Please note that my analysis is only for reference and use. I hope you operate safely with principle trading / stop loss essential thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
2
December 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 0.20% over the last 24 hours and rose to an intraday high of $16,916.63. The largest cryptocurrency has been trading below the 20-day exponential moving average ($16,985) since Dec. 16, and the bears have not been able to capitalize on this situation, which suggests that lower levels are attracting buyers. The flattish 20-day EMA and the relative strength index (RSI) near 47 do not give a clear advantage either to the bulls or the bears. The BTC/USDT pair is likely to stay in the $16,000-$17,000 price zone until the holiday season is over. Today’s Cryptocurrency Headline Core Scientific is Said to Possibly Sell Some Crypto Mining Sites in Wake of Bankruptcy Core Scientific may sell up to 1 gigawatt worth of its sites under development after filing for Chapter 11 bankruptcy protection. Russell Cann, chief mining officer at Core Scientific, said the likelihood of selling assets in operation is close to zero, but the likelihood of us selling assets that are under development where we have power capacity and land and substations is high. Core Scientific is currently the largest company in the industry with around 800 to 850 megawatts of mining power. The sites it might sell are an extra gigawatt on top of that and were supposed to come online in 2023. The company filed for Chapter 11 bankruptcy protection early on Wednesday with a prearranged deal and plans to turn most of its debt into equity. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December21 Bitcoin Bybit chart analysis Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 21. Bitcoin 4 hour chart. Today's approximate top price and bottom price are displayed. centered around the purple support line Red upward / sky blue downward movement path check I created today's trading strategy. During the analysis, a gap retracement is in progress at Nasdaq. Just at the present spot, it seems that the direction of Bitcoin will also be determined. Depending on whether or not to leave, I think there will be controversy in the decision The purple support line has been changed a little lower. Currently, Bitcoin is touching the Bollinger Band 30-minute resistance level. I'm looking at the Nasdaq right before the rise. The 30-minute -> 2-hour chart is just before the MACD dead cross connects. Among those who maintain long, Those who are leveraged for short-term trading Check if the purple support line breaks out, There is an indicator announcement at 12 o'clock, but the top section doesn't seem to change. In case of bad news, pay attention to the Bottom Currently, it is just before the middle line of the Bollinger Band 2-hour chart. It is the cleanest way to succeed in rebounding without touching the purple support line. *At the red arrow path long position strategy $16832.5 long position entry section / stop loss when breaking the green support line / final target is $17361 In preparation for the right-down sideways movement, I have hidden a light blue finger at the bottom, so please refer to it. In preparation for the long-term trend, we will take the stop loss as long as possible. Even so, there is no variation. Please only refer to my analysis and use it. Nasdaq is the most important, Keep an eye on the Nasdaq movement. I hope you will operate safely with principle trading and stop loss essential. thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
2
December 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 1.65% over the last 24 hours and rose to an intraday high of $17,061.06. The largest cryptocurrency attempted to break above the 20-day exponential moving average (EMA) ($16,985), but the price was unable to sustain above the level, indicating that the sentiment remains negative and traders are selling on rallies. If the price stays below the 20-day EMA for another few days, that could mean the bulls lose the short-term advantage and the price could remain stuck between $16,000 and $17,000 for a few more days. Today’s Cryptocurrency Headline Christie's NFT Sales Fell 96% in 2022 Christie's sold 87 NFTs in 2022 for a total of $5.9 million. In 2021, the art auction house sold over 100 NFTs worth more than $150 million — one of them being Beeple's "Everydays: The First 5000 Days" NFT for $69.4 million. Christie's NFT sales fell 96% between 2021 and 2022. Christie's previously launched Christie's Ventures aimed at supporting emerging technology and financial technology companies related to the art market. In September, Christie's also launched the Ethereum-based NFT platform "Christie's 3.0". Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December20 Bitcoin Bybit chart analysis Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 20. Bitcoin 4 hour chart. Today's approximate Top Price and Bottom Price are displayed. centered around the purple support line red top / light blue bottom Moving route check I created today's trading strategy. This is a one-way long position strategy on the 30-minute chart. Dear followers, Do you have a good long trend from yesterday? In the oversold period, Nasdaq is playing a joke, but In the morning, I touched the first support line of the ball van -> It is rebounding after the Gap retracement. In the case of Nasdaq, the pattern is broken A rebound is underway ahead of the final support line. Even if you raise it strongly, it becomes a place where adjustments can come out. focus on there I put in bitcoin. *At the red arrow path long position strategy In the case of beats, it is a strong rising condition. The 12-hour Central Line / Ilbong Central Line is in the middle It seems that it can rise to a maximum of 17474.5 dollars only when an additional bar is created tomorrow. One-way, $0.5 entry in one direction, up to the stop loss target price This is a strategy carried out on one page of the 30-minute chart. I never told you to follow me. I have been emphasizing for 6 years that you should only use it as a reference. Try it yourself rather than see it It's never going to be easy. Masters! Please do not comment, but use your skills to publish. 1. Enter long position at $16,774 / stop loss when breaking the green support line I also held the stop loss tightly, Watching the Nasdaq in the mid-wave The stronger you shoot to the extent of the Good section shown, It is more likely to reach $17474.5 after tomorrow. My analysis please Just note, use, reference, use Please pay attention to the Nasdaq movement. Thanks for reading.
BYBIT:BTCUSD.PLong
by BitCoinGuide
December19 Bitcoin Bybit chart analysis Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 19. Bitcoin 4 hour chart. Today's approximate Top Price and Bottom Price are displayed. centered around the purple support line Red upward / sky blue downward movement path check I created today's trading strategy. Bitcoin 30-minute chart is a one-way long position strategy. Upper gap / 4-hour middle + 3-hour chart resistance touch Since there was no danger signal, we proceeded aggressively. There is a gap at the bottom of the Nasdaq, If there is no return for 2 weeks It can be judged that it will change in an upward trend, If there is no strange movement today, Since there is a major rebound section in the light blue support line section, I bet on a moderate upward rebound. *At the red arrow path long position strategy 16703.5 USD long position entry section / stop loss when breaking the light blue support line The final target is $17082.5 -> Great section after tomorrow. Keep an eye on the Nasdaq movement. My analysis is simply for reference and use only. thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
2
December 19 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Glassnode, Ethereum balance on exchanges reached a 4-year low of 19,523,141.398 ETH. Bitcoin is down 0.25% over the last 24 hours and fell to an intraday low of $16,636.31. The price of Bitcoin has not changed too much during the weekend. The 20-day EMA has started to turn down and the RSI has dipped below 43, indicating that bears are in command. If the price sustains below the 20-day EMA ($17,034), it could decline to $16,000. Today’s Cryptocurrency Headline Central Bank of Kazakhstan Plans to Launch CBDC Between 2023 and 2025 The National Bank of Kazakhstan (NBK) successfully completed the second phase of testing the Central Bank Digital Currency (CBDC) platform. The country's primary motivation for conducting studies on CBDC was to test its potential to improve financial inclusion, promote competition and innovation in the payments industry and increase the nation’s global competitiveness. Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX