What 🪙 and 🔹 rising adoption signifies
➡️ Bitcoin is showing bullish signals
BTC has finally managed to breach the $27,000 mark, which it earlier failed to sustain. According to CoinMarketCap, BTC was up by more than 4.5% over the last seven days. At the time of writing, BTC was trading at $27,557.89 with a market capitalization of over $537 billion.
➡️ Which way is the market headed?
A deeper look at Bitcoin’s ecosystem pointed out quite a few other bullish metrics as well. For example, BTC’s Exchange Reserve was declining as of press time, meaning that the coin was not under selling pressure.
✔️ Bitcoin, Ethereum adoption rises
While BTC’s metrics looked bullish, an interesting development happened that suggested that crypto adoption was rising on a global scale. Honda, one of the world’s leading car manufacturers, opened its doors to crypto payments.
Long/Buy #BAKE/USDT
Entry Point - 1445
Targets: 1450 - 1455 - 1460 - 1465 - 1475
Leverage - 10x
Stop Loss - 1390
#BTC #Layer2 #opbnb $SOL $BNB $ETH #cryptonews