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#Bitcoin price is now moving in an ascending channel and currently testing the resistance level of $28,000 again. It is uncertain whether the price will hold above this resistance area. Positive movements are expected once the crucial level of $28,500 is breached.

#Bitcoin price is now moving in an ascending channel and currently testing the resistance level of $28,000 again. It is uncertain whether the price will hold above this resistance area. Positive movements are expected once the crucial level of $28,500 is breached.

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#BITCOIN WEEKLY UPDATE : #BITCOIN did a continuous rejection from the $28,000 level but also, we can see there's a Bullish Engulfing Candlestick happened. This week closing kinda making rejection and giving signal for indecision too. Its better to wait and watch over this week, until any conformation happens. Altcoins may give short-term move with this. #crypto2023 #bitcoin
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RUNE analysis: Price is rejected from the $2.00-$2.20 resistance area and now heading toward the support area. Wait for a test of the $1.40-$1.55 support for new entries. #Rune #cryptocurrency
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🗞 CryptoNews of the Day 🗞 Hong Kong’s $182M JPEX Scandal: Exchange Rebrands to a DAO, User Funds Locked for Two Years: Hong Kong exchange JPEX is trying to redefine itself as a DAO after a police investigation into an estimated $182 million crypto theft and operating without a license. #cryptocurrency
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The price of #MATIC grew according to the double bottom pattern and then formed a descending harmonic pattern, according to which it will probably decrease to the support of $0.5280 - $0.5360 .
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Educational Post What does hyperinflation mean? Hyperinflation refers to a sharp increase in a country's money supply, which leads to order of magnitude increases in average prices for goods and services. The more currency enters a country's economy, the less valuable each unit becomes. This devaluation of fiat currency forces manufacturers and businesses to raise prices, often leading to a vicious hyperinflationary spiral.  While hyperinflation and inflation involve the same currency devaluation process, the former has more catastrophic economic effects. Most economists define hyperinflation as a monthly inflation rate of more than 50%. Contextually, many central banks in industrialized nations strive to maintain a "healthy" inflation rate of 2% per month.  Some financial analysts even use the terms "hyperinflation" and "superinflation" interchangeably. 
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