Reserve

2022-09-13 15:30:51 U.S. Consumer Price Index (CPI) (YoY)

FACT: 8.3%

CONSENSUS FORECAST: 8.1%

PREV: 8.5% Open / Comment

2022-09-12 14:50:49 Bitcoin has approached the local resistance level ( + trend line on the horizon), short-term growth is caused by an inverse correlation with the dollar index, which shows a decrease (orange line). Strong dollar - higher inflation, falling indices and bitcoin. Until the dollar index made a new low on an uptrend, for bitcoin, this is all a correction of bear falling. Since we are now at resistance in that picture, we can expect a local decline in anticipation of new data on this week:

Sept 13 - #CPI. Consensus - a second straight drop in inflation as oil prices continue to fall, at an YoY rate of 8.1% [prev. - 8.5, peak - 9.1].

Sept 14 - The Merge.

Sept 21 - #FOMC meeting where they will raise the rate by 0.75% Open / Comment

2022-09-09 23:04:06 SEC Division of Corporation Finance to Add Industry Offices Focused on Crypto Assets and Industrial Applications and Services
The Securities and Exchange Commission today announced plans to add an Office of Crypto Assets and an Office of Industrial Applications and Services to the Division of Corporation Finance's Disclosure Review Program (DRP). The DRP has long had offices to… Open / Comment

2022-09-09 14:24:49 Short squeeze on Bitcoin.Decrease in margined short positions by 1000 BTC. Accordingly, all this became the fuel for the price to go beyond the 20k mark again. Open / Comment

2022-09-07 15:05:52 Technical side:
Bitcoin weekly chart (BLX) - breaking through the long-term trendline (not the best signal), especially if you take into account the potential takes on declining according to Demark (I advise you to familiarize yourself with the Demark's trendlines). With all this, delving into the metrics, at this stage it is still difficult to imagine a decline to 5k, even considering the fact that most miners yesterday again entered the loss zone (if we take the median around the world), the mining industry shows good long-term prospects (the hashrate and difficulty are both growing up). A similar case with going beyond the long-term trendline was in 2014, but then the market went into a flat stage 2 years long. Open / Comment

2022-09-07 14:45:05 Let's discuss a few points about the bottom of the market (the global vision).
There is one interesting metric that shows the percentage of bitcoins that were bought above today's price, based on the 30-day and 90-day moving averages as the percentage of supply in loss (PnL). However, compared to the previous three cycles' declines, we may still have to wait for the last few percentage points before reaching the finish line.
At the moment, the indicator is 46%, which indicates the imminent end of the bearish cycle, with all this, there was no quick reversal for all previous cycles, and in some moments the metric was at 50% for several months. Open / Comment

2022-09-01 16:02:32 Open / Comment

2022-09-01 16:00:46 https://twitter.com/user/status/1565323169409351681

Ada on robinhood Open / Comment

2022-09-01 00:21:13 when Wombat FOMO ? Open / Comment

2022-08-31 02:19:56 $WOM is now officially listed on @CoinMarketCap

Tracking is now available. Add us to your watchlist and get this on trending

https://coinmarketcap.com/currencies/wombat-exchange/ Open / Comment