December 8 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.30% over the last 24 hours and fell to an intraday low of $16,666.66. The largest cryptocurrency drops below the 20-day EMA today, suggesting the bears remain active. 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 $15,476 and $17,000 for a few more days.
Today’s Cryptocurrency Headline
Genesis Withdrawal Freeze Has No Imminent Solutions
Genesis' interim CEO, Derar Islim, said in a letter to clients on Wednesday that it could take weeks, not days, to resolve the freeze on withdrawals in the company's lending unit. The lending arm of Genesis in November was forced to suspend redemptions following the collapse of crypto exchange FTX. Genesis has since been trying to raise capital and/or reach an agreement with creditors. The brokerage also hired investment bank Moelis & Company to explore other options. In the letter, Islim also said Genesis was committed to being "as transparent as possible" with clients and was consulting with experienced advisors and working closely with its parent company, DCG. Genesis' other businesses, including trading and custody services, remain fully operational.
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Bingx
December 7 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 7.
Bitcoin 4 hour chart.
There is no significant change from the drawing area left in the morning,
Focused on the Nasdaq movement.
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, arrow one way long position strategy.
Nasdaq today has no important indicators announced,
Depending on the conditions, it becomes a major rebound section.
In the case of bits, when coupled with Nasdaq,
Touch the support line already in the rising pattern (6 +12 )
If you do not touch only the green support line, it becomes a condition that can rise strongly.
The 12-hour chart MACD dead cross is pushing
If the Nasdaq does not drop down to the right until dawn
Because it is a condition for a strong rebound,
12-hour chart MACD dead cross ignored, stop loss and aggressive operation.
*At the red arrow path
long position strategy
1. Entry into long position at $16803 / stop loss when breaking the green support line
The final target is according to the Nasdaq movement
The top price is $17303.5 in case of a strong rebound.
Even if there is a sideways or further correction today
As long as the green support line is not touched, the uptrend pattern is not broken.
Good moves can continue after tomorrow.
In the case of NASDAQ, if the bottom section of the previous low is broken again
Maybe the whole world is ruined.
now i have to upload it
In the United States, we will not necessarily let the Nasdaq fall.
Even if there is a sideways movement this week, don't be discouraged
Check the CPI on the 13th and the interest rate announcement on the 14th
It's good to look long.
Instead, if you upload it in advance, a better movement will come out as of December, right?
Please, I ask that you simply refer to and use my analysis.
Set your own standards
I hope you operate safely with principle trading / stop loss essential
thank you.
December 7 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 near the 20-day EMA ($16,983) for the past 5 days, indicating the bulls and bears are battling for supremacy. Neither the bulls nor the bears are clearly in the lead based on the flattish moving averages and the RSI near the midpoint. If the price drops below the 20-day EMA ($16,983), the BTC/USDT pair could remain range-bound between $16,000 and $17,000 for a few days.
Today’s Cryptocurrency Headline
Sui Network will Launch Wave 2 Testnet Early Next Year
The Layer1 public chain Sui Network stated on its official website that the Wave 2 testnet will be launched in early 2023, focusing on epoch management, tokenomics, and stake delegation. In addition, it also conducted a review of Sui Testnet Wave 1, which had just finished running, stating that during the operation of Sui Testnet Wave 1, network tests such as Genesis, Monitoring, Communication, Mitigation, and Updates were completed successively.
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.
December6 Bitcoin Bybit chart analysis
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“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 6.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the red support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
30-minute chart light blue finger movement path, one-way long position strategy.
Overall, it's a long-awaited strategy.
Nasdaq no important indicator announcement,
Up to now, because of the strong adjustment section and thick yang luck in the main section
If you do well, you will be able to rise strongly like last time.
#In the case of a beat, yesterday without a big adjustment, I was walking right and down
Because there was no touch in the danger zone (the last touch zone is the support line of the 1-hour chart)
#If the purple support line is maintained without breaking, it is best for a long position / maximum top price target
Note to those who are maintaining existing long positions.
#If there is a vertical decline and a strong correction on the NASDAQ
As it couples, Bitcoin could fall all the way to the bottom.
(Check if the pink resistance line is broken)
I proceeded with an upward rebound strategy in the 6 + 12 uptrend recovery pattern.
*In light blue finger movement path
long position strategy
1. Entry into long position at $16784.5 / Stop loss when breaking the red support line
The final target is 17350.5 blocks
The main contents have been described above.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December5 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 5.
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
The gap section at the bottom is 17016 dollars.
I created today's trading strategy.
The 30-minute chart is a light blue finger one-way neutral strategy.
The Bitcoin situation is very favorable for long positions,
Under various conditions, the Nasdaq is likely to move sideways.
Just like Brazil today
I think it will be an uphill battle for Bitcoin as well.
I bet on the Gap retracement section at the bottom and the indicator announcement at 12:00.
I think there will be some controversy
I checked the area pushing up to the light blue support line.
Please note
*In light blue finger movement path
Short -> Long Switching Strategy
1. Short position at $17282.5 / stop loss when orange resistance line is broken
2. $17019.5 long position switching / stop loss when breaking the light blue support line
$17518 long position target
If you succeed in your strategy today, get good vibes
With a 2% win rate expected by gamblers
I hope that Korea can beat Brazil.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
Korea soccer fighting! Quarterfinals Kazuah~
Thanks for reading.
December 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the number of addresses holding more than 100 ETH reached a 20-month high of 47,459. Bitcoin is up 1.7% over the last 24 hours and rose to an intraday high of $17,305.58. The largest cryptocurrency has been trading near its 20-day exponential moving average ($16,995) during the weekend, and broke above the 20-day EMA ($16,995) on Monday morning, suggesting the buyers are attempting a comeback. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622.
Today’s Cryptocurrency Headline
Opera to Add NFT Creation Tool to Browser in Early 2023
Opera will roll out an NFT creation tool next January. Created by cloud-based ecosystems company Alteon and integrated into Opera's crypto browser, the launchpad will give users an easy, no-code way to create NFTs and review simplified properties of their smart contracts. According to previous news, Opera announced the launch of the NFT analysis and browser tool "DegenKnows" in November, which allows users to discover and analyze NFT projects using on-chain and off-chain data.
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.
December2 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 2.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green 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.
I proceeded as it was in accordance with the Nasdaq movement.
The Nasdaq trend looks good,
Tether dominance collapse condition / 30 minutes -> 1 hour chart A section that can be connected to the upward trend if only a thin sound is broken
Currently, it's a slight, downtrend.
Up to the green support line, it is a safe support line.
as it was left
* $16942.5 long position entry section / stop loss when breaking the green support line
Final target is $17566.5 / Weekend target is $18069.5
Please pay attention to the most important Nasdaq movement.
Maybe it's because of various things, but today seems to be a particularly difficult day to be active.
Good luck cheering for soccer
Have a good weekend
thank you.
December 3 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to the U.S. Labor Department, nonfarm payrolls increased by 263,000 jobs last month compared with economist expectations for 200,000 jobs. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $17,159.48. The 20-day EMA has flattened out and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair maintains above the 20-day EMA ($16,961), the pair could rise to $17,200.
Today’s Cryptocurrency Headline
Galaxy Digital Wins Auction to Buy GK8 From Celsius
Galaxy Digital, the cryptocurrency financial services firm founded by billionaire Michael Novogratz, has won the auction of GK8, the self-custodial platform from bankrupt crypto lender Celsius Network. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said the price was materially less than what Celsius paid a year ago. Celsius acquired GK8 in November 2021 for $115 million.
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.
December 2 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to research firm CryptoCompare, crypto-fund asset managers Grayscale, CoinShares and others saw investors withdraw $19.6 billion in November. Bitcoin is down 0.27% over the last 24 hours and fell to an intraday low of $16,845.86. The cryptocurrency market has been suffering extremely low volatility and a lack of demand since the FTX crisis, and Bitcoin price appears to be consolidating between $15K and $17K, and its long-term trajectory will be determined by a breakout in either direction.
Today’s Cryptocurrency Headline
TP ICAP Gains UK Crypto License
TP ICAP, the world’s largest interdealer-broker, has registered with the UK Financial Services Authority as a digital asset provider. The company is partnering with custodian Fidelity Digital Assets to provide a platform to match orders and execute spot cryptocurrency trades and try to break into the cryptocurrency world with its Fusion digital asset marketplace.
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.
December1 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
It's been a while.
Due to an unfortunate incident, I was suspended for 3 days.
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 December1.
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 30-minute chart one-way / sky blue finger long position strategy.
Bitcoin's pattern is faster than Nasdaq.
Because the 2-hour chart MACD dead cross is in progress
Vertical rise is difficult, in case of coupling with Nasdaq
I bet on a moderately upward slope.
When holding at the purple support line, the top price is the target
sky blue support extreme crosswalk
The bottom section of the deep wave support line is downward to the right.
*In light blue finger movement path
One-way long position strategy
1. Entry into long position at $16862.5 / Stop loss when breaking the light blue support line
$17724.5 long position target / can finish near the light blue and green resistance lines if the strength is insufficient.
Those who are still in the long-term trend
I think it would be good to operate with major altcoins in the spot exchange.
Even those entering
Nasdaq movement is the most important
Please operate safely while maintaining stop loss at the main support line.
There is one indicator announcement at 10:30 / 12:00,
It doesn't seem that important, so I ended up with a moderate amount of sidebar.
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 1 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CNBC, Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead and could start in December. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $17,245.88. The largest cryptocurrency rose above $17,000 price level after Jerome Powell’s comment on the interest rate. The U.S. Labor Department will publish nonfarm payrolls report on Dec. 2 and the U.S. Consumer Price Index data on Dec. 13. If those economic data are better-than-expected, the Fed is likely to change their hawkish interest rate policy during the next FOMC meeting. And this could be the first pivot moment for the crypto winter.
Today’s Cryptocurrency Headline
TON Foundation Launches $126 million Rescue Fund
The TON Foundation has set up a “rescue fund,” committing $126 million to support projects experiencing liquidity problems due to the FTX fallout. Unlike Binance’s $2 billion recovery fund, the goal of the TON Rescue Fund is not to buy distressed assets, but to attract projects to migrate to TON. The fund is backed by DWF Labs, Darley Technologies, Hexa Capital and TONcoin Fund Ecosystem Partners. The TON blockchain was developed by messaging app Telegram but was dropped after being sued by the U.S. Securities and Exchange Commission (SEC) in August 2020. The developers of the ecosystem then formed the TON Foundation to keep the project alive.
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.
November 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to the 2022 German Blockchain report published by CV VC Labs, the European country has a 22.8% share of all Ethereum nodes, while the United States leads with 45.3%. Bitcoin is up 4.04% over the last 24 hours and rose to an intraday high of $16,955.00. The largest cryptocurrency reached the 20-day EMA of $16,913 today, suggesting the bulls are attempting to establish a relief rally. If the BTC/USDT pair maintains above the 20-day EMA ($16,913), the pair could rise to $17,200.
Today’s Cryptocurrency Headline
BlockFi Has $355M in Crypto Frozen on FTX
Kirkland & Ellis partner Joshua Sussberg said in New Jersey bankruptcy court on Tuesday that BlockFi currently has about $355 million in cryptocurrencies frozen in FTX. Additionally, BlockFi provided $671 million in loans to Alameda Research. Sussberg told Judge Michael Kaplan that he anticipates the process of recovering BlockFi’s funds from FTX will “play out over a long period of time.” and whether those funds will be recoverable is another question entirely.
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.
November 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, digital asset investment products saw outflows totalling US$23m in a continuation of the negative sentiment seen the previous week. Bitcoin is up 0.95% over the last 24 hours and rose to an intraday high of $16,386.66. The downsloping 20-day EMA ($16,895) and the relative strength index (RSI) in the negative territory indicate that bears are in command. If the BTC/USDT pair drops below the $16,000 price level, the sellers will try to pull the price to the crucial support at $15,476.
Today’s Cryptocurrency Headline
Abracadabra Calls On Sushi For Emergency Assistance
Abracadabra, the issuer of the algorithmic stablecoin MIM, revealed that the crypto assets worth 10 million US dollars are at risk due to the faulty oracle. It has submitted an urgent proposal to the Sushi Governance Forum, asking the Sushi team to increase interest rates for two Bento vault ‘cauldrons’ holding $10M worth of cvxRenCrv and yvcrvstETH tokens. Abracadabra’s lending infrastructure is built on top of Sushi’s Bentobox protocol, meaning that interest rate changes must be approved by the multi-signature contract that controls Bentobox. Abracadabra said that both tokens are not used in any way on SushiSwap, with cvxRenCrv comprising a token wrapper specifically made for Abracadabra, while yvcrvstETH is an interest-bearing token issued by yield aggregator Yearn Finance.
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.
November 28 BTCUSD BingX Chart Analysis and Today's HeadlineAccording to Glassnode, the number of addresses holding more than 0.1 Bitcoin reached an ATH of 4,069,920. Bitcoin is down 2.03% over the last 24 hours and fell to an intraday low of $16,102.32. The largest cryptocurrency holds its $16,500 perch as the U.S. Thanksgiving holiday weekend begins. But the price suddenly dropped during the Monday morning of the Asia market, suggesting the investors believe that there is still uncertainty in the current market. If the BTC/USDT pair drops below the $16,000 price level, the pair could retest the November 21st low of $15,461.
Today’s Cryptocurrency Headline
NEAR Foundation Releases Transparency Report
The NEAR Foundation publishes a transparency report on its official website. The total number of live accounts has been increasing rapidly, up to a total of 22 million. At present, new accounts are created on NEAR at an average rate between 35,000 and 38,000 new accounts per day. This number is down from the week before, which averages 37-39,000 accounts per day. The number of tokens in the circulating supply has been steadily increasing at a faster rate than the total circulating supply. In the past week, 3 million more $NEAR has moved from locked contracts to circulating, taking the number of circulating tokens from 827 million to 830 million.
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.
Cosmos | Altcoins, Bitcoin, The Merge, Bullishness Awakens & ...If not now, when?
See, we shared FTMUSDT yesterday and it is starting to grow.
We shared LINKBTC and this one is also... As well as RENBTC/RENUSDT, APE, SUSHI, WAVES, etc.
Do you think Bitcoin and the Merge will let everybody go ahead and just stay out of the game?
Maybe but maybe not.
They are bigger so it takes longer for the acumulation phase to take place... But they will also move.
The fact that the smaller altcoins are moving is a bullish signal for the bigger ones.
ATOMUSDT Quick:
Bullish pattern.
Moving above EMA10.
Strong RSI.
Today green.
I believe this one too can grow...
Not guessing, we will wait and see.
Time will tell if we can read.
Namaste.
November 25 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The latest Federal Open Market Committee (FOMC) released minutes yesterday, which shows that “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” Bitcoin is down 1.53% over the last 24 hours and fell to an intraday low of $16,449.62. Despite the good news from FOMC, the market sentiment is still weak as The Crypto & Fear Index is still in the extreme fear territory. The market is still focusing on the liquidity issue of Genesis Trading, and if Genesis Trading solves its liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
Ledger Rolls Out ‘Crypto Life’ Debit Card
Crypto wallet maker Ledger is rolling out its crypto debit card across the UK and Europe. Ledger’s Crypto Life (CL) card allows users to transfer cryptocurrencies between Ledger hardware wallets and card accounts through the companion app Ledger Live. Developed by London-based fintech firm Baanx, CL is similar to other crypto cards already launched, allowing customers to earn 1% crypto rewards in Bitcoin or USDT, or 2% in Baanx’s native token BXX when they spend funds. Lithuanian banking-as-a-service provider Contis Financial handles custody of all funds kept on the card.
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.
November21 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 November 21.
Bitcoin 4 hour chart.
In the case of the Nasdaq, there are no important indicators announced today.
There is a high possibility of crossover.
Green parallel line based on rightward sideways
In the case of a beat, it is also a condition for rising without adjustment.
Please note.
Today's approximate Top price and Bottom price are displayed,
around the green 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 fact, if it breaks through the purple support line today,
not very good
The light blue support line is the area that overlaps the previous low.
The bottom is wide open.
It should be supported at least within the green support line and made about upward.
Bollinger Band 4 -> 6 -> 12
Gap retracement may occur
To do that, we need Nasdaq's help, but
In Bitcoin, don't ask, the rebound should come out.
(Since it is 2 touches of the support line on the 12-hour chart, it is a strong position for a rebound.)
*At the red arrow path
long position strategy
1. Entry into long position at $16066.5 / stop loss when breaking the green support line
2. $16,406 short position operation section / stop loss when the orange resistance line is broken
3. $16191.5 long position switching / stop loss when breaking the green support line
Today's goal is the Gap retracement section at the top.
I'm bored with the constant sidewalk
When the upper red/dark blue resistance line is broken through
Please note that it can be linked to a strong uptrend.
My analysis is simply for reference purposes only.
US Dollar, Tether Dominance, Better Than Bitcoin
Nasdaq movement is the most important, so while paying attention to Nasdaq movement in real time
I hope you operate safely with principle trading / stop loss essential.
thank you.
November 24 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.23% over the last 24 hours and rose to an intraday high of $16,798.00. The Crypto & Fear Index is still in the extreme fear territory, and the relative strength index is below the midpoint, suggesting that the market sentiment is still weak. The liquidity issue of Genesis Trading remains unresolved, but the firm confirmed that it has hired investment bank Moelis & Co to talk with potential investors today. If Genesis Trading solves their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
DBS Completes Fixed Income Trade on Onyx
Singapore-based DBS Bank said it has completed transactions in fixed-income products through Onyx, JPMorgan Chase's blockchain-based fixed-income trading network, becoming the first Asian bank to use the network. BNP Paribas previously joined JP Morgan's blockchain network Onyx for fixed-income trading. Goldman Sachs (GS) has also tapped JPMorgan's network Onyx for repo transactions.
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.
November 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.91% over the last 24 hours and rose to an intraday high of $16,294.00. The largest cryptocurrency rebounded above the $16,000 price level today, but there is no clear signal that the price has reached the bottom. The liquidity issue of Digital Currency Group and Genesis Trading remains unresolved, investors need to maintain a risk-off stance against the potential bankruptcy of Genesis Trading. However, if Digital Currency Group and Genesis Trading solve their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
Ark Invest is Buying Millions of GBTC Shares
Cathie Wood's Ark Investment Management is buying millions of dollars in GBTC stock. Ark Invest Management bought more than $1.4 million worth of GBTC stock on Monday and bought 315,259 GBTC shares worth $2.8 million last week. Ark currently holds nearly 6.357 million GBTC shares, accounting for 0.4% of the company's total investment.
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.
November 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw inflows totalling US$44m last week, but short investment product inflows represented 75% of the total inflows. Bitcoin is down 1.1% over the last 24 hours and fell to an intraday low of $15,461.92. The largest cryptocurrency fell below the November 9th low of $15,588 after the news of Genesis Global Trading could face potential bankruptcy came out, suggesting that the investors are extremely nervous about the potential bankruptcy. As Genesis Global Trading is considered the largest lending desk in the cryptocurrency industry, the fall of Genesis Global Trading could damage the cryptocurrency industry heavily, and the BTC/USDT pair could drop to $12,000.
Today’s Cryptocurrency Headline
Genesis Trading Warns of Possible Bankruptcy
Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital. Its financing target has been halved from US$1 billion to US$500 million. Parent company DCG is unwilling to sell part of its venture portfolio and has no plans to sell another company, Grayscale. According to previous news, Genesis Global Trading has suspended redemption and new loan issuance. DCG said that the business operations of other subsidiaries have not been affected, and DCG has injected $140 million in equity into Genesis Global Trading.
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November 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 2.84% over the last 24 hours and fell to an intraday low of $16,123.01. The largest cryptocurrency continues to trade in the $16,000 – $17,000 price zone during the weekend as investors continue to maintain a risk-off stance. The downsloping moving averages and the relative strength index (RSI) in the negative zone, indicate that the bears are in control. If the BTC/USDT pair drops below the $16,000 price level, the pair could retest the November 9th low of $15,588.
Today’s Cryptocurrency Headline
Crypto Financial Services Firm Unchained Capital Cuts About 15% of Staff
Unchained Capital, a crypto lending platform, announced about 15% layoffs and transferred its head of business development, Parker Lewis, to the board of directors, and chief product officer Will Cole to a senior advisory position. Company co-founder and CEO Joe Kelly said on Friday that while Unchained has never had exposure to FTX, Alameda, or any other institutions which have lost client funds, "funding for bitcoin-backed loans has been materially constrained by recent market events." On the other hand, Joe Kelly pointed out that the company is seeing record highs in new client numbers, Bitcoin deposits, and trading volumes, and the loan book currently has a 214% collateral-to-principal ratio.
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.
November18 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
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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 November 18.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30-minute chart, one-way long position strategy.
For time reasons, the Nasdaq analysis is omitted.
Contrary to tether dominance, it seems that it will take time to work thinly on phonemes.
I'm sorry for yesterday's sideways movement until today's possibility of soaring.
Instead, we marked the Good -> Great section at the top until the weekend.
Above all, the Nasdaq movement is important,
Please check in real time.
*At the red arrow path
Long -> Short -> Long Switching Strategy
1. Entry into long position at $16,734 / stop loss when breaking the green support line
2. $17433.5 entry into short position / stop loss when strong blue resistance line is broken
3. Long position switching at $16,938 / stop loss when breaking the green support line
When the green support line breaks
Bottom section at the bottom is the only support line,
Following the Nasdaq move
Pay attention to the shape of the main Bollinger Band support line in real time, as it can be damaged while walking sideways.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
November 19 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Circle's official website, over the last seven days, the amount of USDC in circulation, as of November 16th, has increased by about $2 billion, or about 4%. Bitcoin is down 1.74% over the last 24 hours and fell to an intraday low of $16,529.69. The largest cryptocurrency continues to trade in the $16,000 - $17,000 price zone as investors remain cautious to assess the negative impact of the FTX crisis on the cryptocurrency industry. If another large cryptocurrency company becomes insolvent, the BTC/USDT pair could retest the November 9th low of $15,588.
Today’s Cryptocurrency Headline
Sui Testnet Wave 1 Goes Live
According to the official announcement, Sui, the Layer 1 public chain developed by Mysten Labs, announced the launch of Testnet Wave 1, which focuses on operators, especially validators and full-node operators. The Testnet Wave 1 network will run for approximately two to three weeks and will be closed when the goal is achieved. This is the first instance of a Sui Network working with non-Mysten Labs operators, and an important step towards a decentralized Sui Mainnet.
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.