ASH WSB

2022-09-02 03:40:26 DXY update:

DXY this time decided to go higher. Now, the price broke out of the major resistance and made a new high from the previous monthly high in July (109.943)
It looks DXY is bullish and printed a continuation pattern in the bigger picture.
However, we can also see a bearish divergence in the Daily chart which could play out at no particular time Open / Comment

2022-09-01 19:49:52 FOR TODAY'S UPDATE

Today's Fear and Greed Index is 20 – CHECK HERE

BTC entering the exchanges for today: $272.4M – CHECK HERE

MARKET HIGHLIGHTS

Bitcoin opened the month just above the December 2017 high

Dollar Index back above 109

LUNA Classic ($LUNC) continues to defy the market, gains ~128% over the past 3 days

CRYPTOTWITTER (CT)

CZ complies with sharing communications to US Prosecutors over crypto money laundering probe – SEE HERE

DC Attorney General is suing Michael Saylor and MicroStrategy over alleged tax fraud – SEE HERE

ON-CHAIN

Bitcoin Active Addresses is still in neutral territory and is also a sign that the bull run is still needs time to come by – SEE HERE Open / Comment

2022-09-01 16:48:24 Bitcoin 3-Day candle closes today

The MACD hasn't crossed bearish currently however the next candle could possibly lead to this cross.

source Open / Comment

2022-09-01 12:20:31 Neutral activity
Active Addresses is still in neutral territory and is also a sign that the bull run is still needs time to come by Open / Comment

2022-09-01 08:28:26 Bitcoin Rainbow Price Chart

If it maintains the momentum from the last few years, BTC would be in the bottom zone technically. Open / Comment

2022-09-01 06:29:59 Careful guys, USDN is depegging again Open / Comment

2022-09-01 05:18:29 Mt Gox bitcoin coins will be released near the same day as the Ethereum merge! Open / Comment

2022-09-01 04:05:58 NASDAQ100 Update:

In our previous post, we mentioned that the NASDAQ100 has made a fake out outside the expanded triangle and would likely dump back inside
Currently, the price looks following our plot and already reached our target support which is 12,300. we can also see a bearish flag pattern which could trigger the price to go down further
Crypto is also following in this drawdown Open / Comment

2022-08-31 17:05:17 FOR TODAY'S UPDATE

Today's Fear and Greed Index is 23 – CHECK HERE

BTC entering the exchanges for today: $50.3M – CHECK HERE

MARKET HIGHLIGHTS

Bitcoin bounces off $19,550 to reclaim the $20k level

Ether Futures racked up ~$140 million liquidations over the past 24 hours

Ethereum funding rates decline to lowest since June 2021

European CPI is 9.1%, Expected 9.0%

CRYPTOTWITTER (CT)

Bitcoin and Dollar: Unlikely Allies – SEE HERE

The 9 Principles of Bitcoin Maximalism – SEE HERE

ON-CHAIN

Bitcoin net unrealized profit/loss is comparable to the 2018/19 capitulation – SEE HERE Open / Comment

2022-08-31 10:11:35 BTC Month of September Returns

During the month of September, 7 of 9 years see a sell down for the month at an average Bitcoin price change of -6%. Open / Comment