Bitcoin & Crypto Trading

2023-01-07 20:52:06 BTC is still moving inside the triangle and reaching slowly to the decisive area. Break out from the triangle (Daily close above $17.2k) will trigger a bullish rally in the market. Or if we got a rejection from here then we might see some more consolidation.

Overall waiting for a clear move to decide anything. Till then waiting patiently.

Stay tuned and pin our channel at the top for more updates.

@Bitcoin_Blockchain_Trading Open / Comment

2023-01-06 22:58:01 According to Arcane Research, in 2022, Binance controlled 92% of the Bitcoin spot trading volume!

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2023-01-06 19:58:02 Judge rules that Celsius users gave up legal rights to their BTC by using the platform and all the $4.2 billion of crypto deposits are now property of Celsius.

Take your Bitcoin off exchanges!

@Bitcoin_Blockchain_Trading Open / Comment

2023-01-06 18:47:56 Nearly 78% of Bitcoin’s total circulating supply is illiquid. This leaves less than 22% of all mined BTC on exchanges. The metrics show investors have been storing their Bitcoin in custodial wallets, to avoid selling them. 15M BTC is now held in self-custody storage.

@Bitcoin_Blockchain_Trading Open / Comment

2023-01-05 18:39:01 Switzerland’s City of Lugano says citizens and visitors can now live there using only Bitcoin as "hundreds" of merchants accept BTC .

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2023-01-05 16:28:51 BTC UPDATE:

BTC is forming a symmetrical triangle in daily time frame where breakout or breakdown will decide the next move. If it breaks out the triangle (Close above $17.5k in daily chart) then we will see a bullish rally up to $20k level. On the other hand if it breaks down the triangle then it will be bad for overall market and in that case we might see a new low.

Let's see how this goes. Will keep updating you. Stay tuned.

@Bitcoin_Blockchain_Trading Open / Comment

2023-01-05 05:55:05 NFTs are really heating up at the moment.

BAYC & Azuki are making us think twice if we are still in a bear market

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2023-01-04 18:40:21 Bitcoin has a very clear 4 year halving cycles which it followed all previous years.

Top of each cycle comes to November-December. Bottom forms 1-1.3 years after that top.

Bottom consolidation period usually correlates with 0.5-0.75 period of bearish cycles which corresponds with December'22-June'23.

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2023-01-04 10:54:59 BREAKING: Sam Bankman-Fried pleads not guilty to all charges in #FTX fraud case.

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2023-01-04 09:24:59 SBF arriving at the US District Court in NYC.

He's expected to plead not guilty.

@Bitcoin_Blockchain_Trading Open / Comment