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🔸️ Bitcoin News

Channel address: @bitcoinaltcoincryptonews
Categories: Cryptocurrencies
Language: English
Subscribers: 112.80K
Description from channel

We post daily the best Bitcoin, Altcoin & Blockchain News.
Admin for Ads&Business inquiries: @wanwangg

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The latest Messages 158

2022-12-18 12:28:22
Lol every FOMC meeting
BitcoinAltcoinCryptoNews
42.9K views09:28
Open / Comment
2022-12-13 04:54:58
Sam Bankman Fried arrested in the Bahamas
BitcoinAltcoinCryptoNews
3.9K views01:54
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2022-12-12 15:29:08Bitcoin Lightning Network to be used in fiat transfers between EU and Africa

CoinCorner and Bitnob teamed up to create cross-border transactions between the UK and Europe to Africa via the Bitcoin Lightning Network.

-Source
BitcoinAltcoinCryptoNews
37.3K views12:29
Open / Comment
2022-12-12 13:49:44 Two big events this week

CPI data - 13th dec
FOMC - 14th dec

Fed expected interest rate hike :

25 bps - Super Bullish
50 bps - short term bullish / neutral
75 bps - Bearish

This could be last rate hike!
This week volatility will be high, so the associated risk.
BitcoinAltcoinCryptoNews
38.7K views10:49
Open / Comment
2022-12-12 13:10:21
ETH/BTC Pair

The ETH/BTC Pair shows a successful small breakout in the lower time frame. If the price continues to drop, the higher time frame could give a negative chart for ETH/BTC. Losing these key levels could bring ETH to underperform BTC in the coming weeks.
BitcoinAltcoinCryptoNews
38.1K views10:10
Open / Comment
2022-12-12 12:09:20
SP500 Update

In the lower TF, the SP500 is also trading flat. There was no movement in the last previous days. Perhaps, the market is also waiting for tomorrow’s CPI followed by FOMC.
The Data for CPI and FOMC will also be a big catalyst for global stock's next direction.
BitcoinAltcoinCryptoNews
43.9K views09:09
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2022-12-12 11:09:19
BTC Dominance Update:

As expected from our previous post, the BTC dominance will bounce and test the monthly resistance at 40.91%.
Be careful of your altcoin positions when this key level resistance is broken.
BitcoinAltcoinCryptoNews
44.4K views08:09
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2022-12-12 09:43:04
Bitcoin Update:
In above chart we cans see that BTC price is in a down trend since Nov 2021. Each time BTC formed a bearish flag, we saw a correction in price.

Support: BTC is trading close to $17,000 We can see a bearish downside channel breakout on the chart. $16700 is next support if it breaks. BTC will retest $15500-$16000 level which will be a good entry to accumulate

Resistance: $17200 plays as resistance. If BTC is able to close the candle above it, $18400 will be the next resistance.

We can see pressure in the US index due to the PPI data last week. Tomorrow CPI data will be released before US session and so we can see a short term weakness in the US market and Crypto too. FED FOMC meeting on Dec 14 and high chance we will see 50 BP in the upcoming meeting.

TL;DR We will see side ways in crypto with small volatility this week.

Weekly chart look good and showing BTC is ready for upside move in the coming weeks

Expecting $28000/$38000 by July 2023
BitcoinAltcoinCryptoNews
41.6K views06:43
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2022-12-12 09:05:12
When the Relative Unrealized Loss is high, it tells us a good buying opportunity

Remember on-chain charts check the macro market
BitcoinAltcoinCryptoNews
42.7K views06:05
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2022-12-12 07:05:07
The lower this indicator, the lesser the selling pressure in the market. We’re now at the lowest level since 2011
BitcoinAltcoinCryptoNews
40.1K views04:05
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