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We post daily the best Bitcoin, Altcoin & Blockchain News.
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The latest Messages 169
2022-11-11 11:13:02
Bitcoin is dropping below this macro indicator
BTC needs to recover from here to retain long term uptrend
BitcoinAltcoinCryptoNews
181 views08:13
2022-11-10 17:16:02
BTC Quick Take:
After the breakdown, Bitcoin is now testing the major support level of $18,000. BTC dumped to $17,200 levels and this is possible to stop hunting and liquidating long positions.
Wait for some confirmation before opening any new position.
A candle close below $18,000 is bearish and we see a heavy dump. Keep tight stop loss in all open trades.
BitcoinAltcoinCryptoNews
122 views14:16
2022-11-10 09:16:02
In today's update on the FTX
1. The SEC began investigating FTX US and its Crypto lending activities
2. Binance will not acquire FTX based on due diligence findings
3. FTX has an $8 billion shortfall and will file for bankruptcy
4. The U.S. Department of Justice is investigating FTX
5. Sequoia Capital: $213.5 million invested in FTX and FTX US, is now considered $0 value
6. Most of FTX's legal and compliance team left on Tuesday
BitcoinAltcoinCryptoNews
108 views06:16
2022-11-09 18:01:02
BTC Dominance
Currently, the BTC dominance is trying to break the 40% zone.
The next target is 41.33%. This is a bearish sentiment for the altcoins.
BitcoinAltcoinCryptoNews
120 views15:01
2022-11-09 11:01:06
Honestly already getting used to see a red market
BitcoinAltcoinCryptoNews
126 views08:01
2022-11-08 19:00:26
US INDEX close on session high.
DOW: +1.31%
S&P : +0.91%
NASDAQ: +0.86%
DXY continues its correction and now testing support near 109.50.
We may see a big move on any side on Nov 10 during the release of CPI data. DXY breakout downwards will be bullish for the market
BitcoinAltcoinCryptoNews
125 views16:00
2022-11-08 10:00:31
Nov 7 Bitcoin Update: BTC closed its weekly candle near $20,900 which confirms a bullish breakout on the chart.
On Saturday, BTC's price touched $21,480 but then we see a small correction in the crypto market due to Alameda and Binance selling their FTT holdings Price is still in an upward channel.
Resistance: $21,100 is short term resistance and breakout above this zone will open targets for $23,900
Support: $20,500 and $19,500 are support levels
BIG Events:
US Mid Term Election: Nov 8: Bullish
CPI DATA: Nov 10: If CPI is less than expected, then we will see bounce in the market but if inflation continues higher then the market will slowly move sideways
Overall, chart is bullish as we eye on $24k as first target and open for $28k
BitcoinAltcoinCryptoNews
125 views07:00
2022-11-07 15:58:02
Doge Analysis
In the Lower TF, Doge is forming a bearish head and shoulders pattern, which is a sign that the market will reverse soon.
A break out of the neckline is an opportunity to build short positions. However, be careful of some manipulations before the price goes into its confirmed direction.
The target sits at 0.086 where imbalances are also visible.
BitcoinAltcoinCryptoNews
127 views12:58
2022-11-07 10:58:02
Today’s update is all about FTX, Alameda and the rumors of insolvency
1. Binance will be offloading their FTT ($2.1B worth) tokens slowly (TWAP) due to low liquidity
2. CT speculates that this would cause FTT to spiral down (Like Luna) if not managed well by FTX
3. Alameda is heavily borrowed against FTT tokens (Leveraged) and can cause margin calls on their positions if price goes below $22
4. Alameda’s CEO posts that they have enough liquidity that is not mentioned in the rumors and are willing to buy Binance’s FTT at $22
5. Despite this, there are missing details on FTT marketcap and still shows that alameda and ftx wont be able to carry the offloading of Binance
6. FUD is spreading across the FTT token that if it drops, a death spiral may again occur
BitcoinAltcoinCryptoNews
156 views07:58
2022-11-06 11:58:14
APTOS Analysis
APT broke out of the descending parallel channel.
The new support has already been tested.
Look for some confirmations for a bullish move
BitcoinAltcoinCryptoNews
130 views08:58
