Boblles Channel

2022-10-13 19:40:35 After the release of consumer inflation, market capitalization fell below $920 billion.

There are a few more interesting events ahead of us: the 2022 Third Quarter Reporting Season, the FOMC meeting, and the Congressional elections.

BTC has almost completely retraced its fall and is back to 19,000. Open / Comment

2022-10-13 10:58:59 Even though BTC has been trading at a loss for over 165 days, that time could still last twice as long.

The last time the bottom was at $3,000, there were 305 days of loss taking, which gives us a hint that we could be down another half year, or even more.

As a reminder, that today is the release of the U.S. consumer inflation data. Open / Comment

2022-10-12 19:42:20 268 million USDC were sent to Coinbase exchange

Getting ready for tomorrow? Open / Comment

2022-10-12 13:35:46 A reminder that tomorrow, the U.S. consumer inflation data is coming out.

Tomorrow there will definitely be volatility and there is a big chance we will see a strong movement in one of the sides. In the same way, volatility is also possible today, ahead of the data release, be careful.

Right now BTC is clamped in a triangle, and is trading at 19,000, the denouement is just around the corner.

Do you think we'll go explore a new bottom or will we finally see a break of the 6 month slope?

New bottom
Long Open / Comment

2022-10-11 18:00:06 Despite the fall of BTC, the complexity of its mining has reached a record value.

Yesterday the complexity soared to a record high of 35.61 T, the last time such a sharp jump was seen in May 2021.

Doesn't sound like surrender… Open / Comment

2022-10-11 16:31:27 There is a strong level of support for buyers at 19,000.

Around $19,000, 680,000BTC was bought by 1.3 million wallets, giving hope that they would not let the bitcoin go lower. Now the price of BTC has been able to move slightly away from the $19,000 level and hold higher.

By the way, next year Google will accept payments for services in crypto, Coinbase became a partner. The news is good, the question is whether it will be implemented? Or it will not go further than words. What do you think? Open / Comment

2022-10-07 21:33:24 The level of BTC accumulation reached a 7 - year maximum

BTC over 6 months old take 74% of the realized limit, the last time similar numbers were observed in 2019 - 70% and in 2015 - 77%.

Imagine, you buy BTC and do nothing for half a year - it's hard. By the way, BTC reacts to low unemployment by falling. The dollar index - goes up, bitcoin - goes down, but not critically, the weekend is ahead, which means that there will not be much movement in the market, I dare to assume that over the weekend we will systematically return to 20k. Open / Comment

2022-10-07 14:39:18 While we were sleeping, a hacker managed to break the BNB Chain network for $500 million, the withdrawal of funds is temporarily suspended.

In the picture you can see the balance of the hacker, which exceeded half a billion dollars.

- Hackers took advantage of an exploit that resulted in additional BNB (double spending).

- The hackers funded the attack from addresses belonging to the ChangeNOW service; after executing the exploit, they deposited 900,000 BNB into the Venus Protocol lending protocol to open $147 million worth of overcollateralized positions. Open / Comment

2022-10-05 21:36:40 It's been a while since we talked about ETH.

Today, the number of addresses containing 1+ coins has reached an all-time high of more than 1,580,000 (Chart 1).

After the ETH transition on the POS, the hype around it subsided. Let me remind you that this is not the last update of the airwaves, we are waiting for 4 more: Surge, Verge, Purge and Splurge (Diagram 2).

I think that each of these updates will lead to the growth of ether, you can consider the coin for the long term
(Not an investment recommendation). Open / Comment

2022-10-05 18:47:55 15,000 BTC was withdrawn today from Huobi to someone’s wallet. Open / Comment