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#BTC gave a strong breakout and directly, hit the Strong Resistance zone of $28,160 - 28,200, which we mentioned in out Weekly Update Yesterday. Well, its a decision point now, Either a downtrend continuation can be started or a breakout will directly hit the phycological level around $30,000. $BTC $ETH $BNB #BTC #crypto2023 #cryptonews #crypto

#BTC gave a strong breakout and directly, hit the Strong Resistance zone of $28,160 - 28,200, which we mentioned in out Weekly Update Yesterday. Well, its a decision point now, Either a downtrend continuation can be started or a breakout will directly hit the phycological level around $30,000.

$BTC $ETH $BNB #BTC #crypto2023 #cryptonews #crypto

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#BITCOIN WEEKLY UPDATE :

#BITCOIN did followed the plan as per analysis and this weekly candle moved up. As of now. Weekly Time frame is kinda confusing and no references nearby current price. So, have to wait for the price to either test out the $28,000 Resistance mark (In LTF) and rejects or can push higher from here.
$BTC $ETH #opbnb #ETH #Layer2 #BTC #cryptonews
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What Is Layer 0 in Blockchain? Layer 0 protocols are essentially the infrastructure upon which Layer 1 blockchains can be built. As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability. A blockchain ecosystem can be classified according to the following layers: Layer 0: The underlying infrastructure upon which multiple Layer 1 blockchains can be built. Layer 1: Base blockchains used by developers to build applications, such as decentralized applications (DApps). Layer 2: Scaling solutions that handle activities off Layer 1 blockchains to ease their transactional loads. Layer 3: Blockchain-based application layer, including games, wallets, and other DApps. What Problems Can Layer 0 Solve? > Interoperability Interoperability refers to the ability of blockchain networks to communicate with one another. This property enables a more tightly interwoven network of blockchain-enabled products and services, which in turn offers a better user experience. > Scalability A monolithic blockchain such as Ethereum is often congested because a single Layer 1 protocol is providing all the critical functions, such as transaction execution, consensus, and data availability. This creates a bottleneck for scaling that Layer 0 can alleviate by delegating these critical functions to different blockchains. > Developer flexibility To encourage developers to build on them, Layer 0 protocols often provide easy-to-use software development kits (SDKs) and a seamless interface to ensure developers can easily launch their own purpose-specific blockchains.
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