Where did Bitcoin stand 180 days before the previous halving events?
✅2016, BTC was trading at -65% below its all-time high (ATH). ✅2019, BTC was -60% below its ATH. ✅2023, BTC is currently situated at -61% below its ATH.
Of course, a case could be made for a double bottom (2015) or higher low (2018-2020), but I would at least keep the 2019 high in mind ($13k-$14k).#Binance #BTC #crypto2023 #BNB
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?
Bitcoin CME gaps exist due to the lack of trading on CME on weekends.
These gaps have become self-fulfilling prophecies that are often rebalanced.
There are currently $35,000, $27,000 and $21,000.
Bitcoin (BTC) futures product was listed as a product by the Chicago Mercantile Exchange (CME) in December 2017. Since then, CME’s BTC futures data has been crucial to identifying institutional flow and interest, among other things. Regardless, the daily chart for BTC now shows three unfilled gaps,
Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for $BTC price?
BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision in the closely followed Grayscale vs. SEC lawsuit didn’t support the recovery.
BTC’s price slipped below $26,000 Friday afternoon – which erased some of Thursday’s sharp decline – fizzled. The largest cryptocurrency by market capitalization had plummeted to $25,392 Thursday afternoon, hitting its lowest price since mid-June, amid cascading liquidations of leveraged trading positions.
The price action puts the flagship crypto’s decline at roughly 11% this week, worst weekly return since November’s market crash to $15,000 that was induced by the failure of Sam Bankman-Fried’s FTX.
Cryptocurrencies have been skyrocketing to reach even higher prices than ever before. With Bitcoin, Ethereum, and XRP leading the way, now may be the best time to get into the cryptocurrency market.
Cryptocurrencies have become increasingly popular as a means of investing. While the potential for massive gains is attractive to many investors, cryptocurrencies can also be volatile and unpredictable. To ensure you don’t get burned by wild price swings, it’s important to be prepared before taking
We are disappointed that the U.S. Securities and Exchange Commission chose to file a complaint today against Binance seeking, among other remedies, purported emergency relief. From the start, we have actively cooperated with the SEC’s investigations and have worked hard to answer their questions and address their concerns. Most recently, we have engaged in extensive good-faith discussions to reach a negotiated settlement to resolve their investigations. But despite our efforts, with its compl