🔸️ Bitcoin News

2022-12-03 07:25:07 Bitcoin current max drawdown at 77% from peak

Looking at previous drawdowns (2013 & 2017), we haven't seen max pain yet.

It's not certain it will go lower but it's better to be prepared.

Source
BitcoinAltcoinCryptoNews Open / Comment

2022-12-03 06:22:59 SP500 Update:

The SP500 shows multiple rejections in its current run just below the multi-monthly trendline resistance.
If the weekly candle failed to close above the key level, we expect another retracement up to its immediate support at 3,720 zones

Crypto market would likely follow
BitcoinAltcoinCryptoNews Open / Comment

2022-12-02 12:35:12 Matic Analysis:

Matic is one of the altcoin that held its current key level amidst BTC crash in the past weeks. The price also made a successful higher low from its low last Nov. 21.
Currently, the price made a successful breakout from its major local resistance and took the Point of interest at 0.9270-0.9555. In this area, the price got rejected twice
Currently, there’s an ongoing pullback happening.

Two possible retrecement areas:
First Pullback zone: 0.8882
2nd Pullback zone: 0.82-0.83 (point of interest+ 0.618 Fib level)

If the uptrend continues, and create another higher high, we can expect 1.063-0.9989 to be taken for liquidity.
You can build positions as long as confirmations and conditions are valid.
BitcoinAltcoinCryptoNews Open / Comment

2022-12-02 11:31:02 BTC Update:

We mentioned yesterday of the BTC price probable next movement and it follows as expected.
The price made a pullback into the breakout area of the resistance. Currently, the price is establishing a support at the 16,800 zones.
If the price continues to hold in this key level, we expect another impulse in the upside movement.
BitcoinAltcoinCryptoNews Open / Comment

2022-12-02 06:50:02 EXPLOIT ALERT:

ankr has suffered and exploit https://t.co/mPl1WncCUb

aBNBc has been minted at a ridiculous amount and is now 0
BitcoinAltcoinCryptoNews Open / Comment

2022-12-02 05:23:55 Open / Comment

2022-12-02 05:22:10 Total Crypto MarketCap Update:

The TOTAL crypto marketcap broke out the resistance area in the Daily chart. The pervious Daily candle closed above the resistance area

This could tell us some positive momentum in a short term. The next key level in the upside sits at the 857B area
BitcoinAltcoinCryptoNews Open / Comment

2022-12-01 18:59:16 Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.

A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.

- Glassnode
BitcoinAltcoinCryptoNews Open / Comment

2022-12-01 14:08:08 Announcement

US CORE PCE DATA RELEASE 8.30AM ET

Expect volatility during this time
BitcoinAltcoinCryptoNews Open / Comment

2022-12-01 10:45:12 BTC quick take:

Bitcoin is able to break the local resistance area and now holding above it.
We may see continuation of the upward move toward next resistance zone. This is the result when FED says that they will slow down the rates hiking and gave some positive move in all markets.
BitcoinAltcoinCryptoNews Open / Comment