Techno_Vas

Michael Saylor's 'Strategy' buys 267 Bitcoin worth $22 million.

MSTRB+1.48%

BITCOIN UPDATE:

-Bitcoin is showing signs of recovery today as it bounces from $81k support, now market is entering next important resistance zone.

-Next immediate resistance is at $83,400. If Btc breaks this then next is at $84,600 & $86,800.

-Important support is at $81,440..

-Strong support is at $80,100.. bitcoin has taken support at this level multiple times.. for now Btc shouldn’t break this..

Guys since 2013, Bitcoin hasn't had two October's in Red in a Row..

What do you think, will the trend break or continue??

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 63

-BTC Dominance: 60.31%

-Altcoin season index: 61/100

-Total crypto marketcap: $2.78 Trillion..

-Bitcoin price: $82,780
-ETH Price: $2,485

U.S PPI DATA TODAY AT 6:00 PM IST.

Forecast: 5.3%
Previous: 5.4%

Above 5.3% will put pressure on bitcoin.

Below 5.3 bullish.

U.S PPI DATA TODAY AT 6:00 PM IST.

Forecast: 5.3%
Previous: 5.4%

Above 5.3% will put pressure on bitcoin.

Below 5.3 bullish.

Bitcoin has crashed below $83,000 and is below Daily 50 EMA.

-Now $80,000 to $80,400 is very very important, if BTC doesn't hold at this support then expect $75,000.

-If $75k also fails then my next target is $69k to $70k.

BITCOIN UPDATE:

-Bitcoin is still Recovering after recent selling pressure, but buyers still need to overcome important resistance levels.

-Bitcoin bounced from Daily 50 MA Support.

-$82,000 is Near-Term support. -$81,000 is important support. -$80,000 is Phycological support.

-If Bitcoin breaks above $84,000–$85,000 and holds above then next move could be towards $86,000 - $87,000.

-Now All Eyes On $81,000 Support & $87,500 Resistance..

About 68 Million Indians own Bitcoin now, overtaking U.S in users.

Strategy Buys 250 BTC for $21.5 MILLION, while spending nearly 9X MORE on STRC share buybacks.

Strategy now holds 848,250 Bitcoins acquired for roughly $64 Billion.

Michael Saylor hints at buying more Bitcoin..

“There’s always room for more orange.”

MSTRB+1.48%

About Roughly 700,000 bitcoins has left exchanges in the last 1 year.

This is a good sign, Long-term holders are moving to hot & cold wallets.

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 61

-BTC Dominance: 60.09%

-Altcoin season index: 62/100

-Total crypto marketcap: $2.8 Trillion..

-Bitcoin price: $82,980
-ETH Price: $2,490

XRP NEWS:

473 MILLION XRP is set to go public on Nasdaq this Monday.

XRP Treasury Evernorth has closed its SPAC merger and raised about $300 million in cash. Shares are expected to start trading as XRPN on October 12th.

XRP+2.90%

IMPORTANT UPDATES:

-U.S government moves over $1,000,000,000 worth of Bitcoin seized from Bitfinex hack to unknown wallet.

-US to seize about $1 billion in cryptocurrency assets to increase economic pressure on Iran.

-Over $1 billion in crypto positions liquidated in 24 hours.

-BLACKROCK just moved $71.12 million worth of Ethereum.

-₹3 lakh crore was added to Indian stock market today.

Bitcoin crashes below $81,000..

More than $400 Million in longs were wiped out in the last 1 hour.

ETH UPDATE:

-Ethereum was consolidating within this pattern from almost 2 weeks and the breakout was towards down side.

-ETH broke down below $2,500 main support and the bullish structure is broken.

-Retailers are panic selling and volatility is getting huge, position accordingly..

FOMC MINUTES TODAY:

FOMC Today at 11:30 PM IST

Get Ready For Volatility.

UPDATES:

-Tom Lee says Ethereum could hit $50,000 this cycle.

-Tom Lee told CNBC his "contrarian take" is that Democrats will flip to support the CLARITY Act after the midterms.

-Elon Musk's net worth surpasses $1.1 trillion

-Russia's largest bank Sberbank officially approved as crypto custodian to launch Bitcoin, Ethereum and USDT products.

-S&P 500 hits a record above 7,835 as its total value tops $71 trillion for the first time.

-$550,000,000 liquidated from the crypto market in the past 24 hours.