BTC CME GAP, Be careful with the potential correction. Kee | CRYPTOHELL on Binance Square

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BTC CME GAP, 

Be careful with the potential correction. Keep an eye on this scenario as your reference $BTC #BinanceTournament 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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So, this might be our gauge that the active sellers right now are the short-term holders, judging from the Exchange Reserve metrics that aren't aggressively increasing. Also, today, more Bitcoin has left the exchange compared to the amount coming in. Do you think Bitcoin can hit $50k? Anyway, for now, I'm still keeping an eye on the daily timeframe SMA50 as support in case there's a correction in the near future. #BTC $BTC #CRYPTOHELL

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$FXS, FRAX Finance halvening on December 20, 2023, is worth monitoring. But halvenings aren't always positive; take, for instance, $LTC on August 2, 2023. Analysis : $FXS, Keep an eye on the 4-hour timeframe EMA200 as the current support. If it continues to react, there's potential for a wave 5 Elliott to reach prices between $11 - $12.15. If the EMA200 support on the 4-hour timeframe breaks out, consider Dollar-Cost Averaging (DCA) in the yellow box with the same target for the upward trend. 😁 $FXS #FXS/USDT

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On Friday, December 15, 2023, ASIXPLUS announced the launch of the first phase of the Pasar NFT. Many crypto enthusiasts might be wondering what Pasar NFT is all about. Pasar NFT is a platform where creators or artists can showcase their work in the form of artwork and songs. Not only that, but there are also collectors who can collect NFT works with offered benefits or attributes attached to the NFT. As the Pasar NFT does, the platform launched 2 VIP card series, Pandawa 5 and Super Hero, with categories of Rare, Super Rare, and Exclusive Rare. Each category has limited supply and is offered at different prices. With these VIP cards, Pasar NFT offers not just an NFT but also benefits from holding the NFT, such as brand discounts from many brands that have partnered with them. The benefits from this VIP Card are expected to continue increasing without reducing the initial benefits. The higher the price listed on the Pasar NFT, the more benefits will be provided. During the Pasar NFT AMA on Sunday, December 17, 2023, the developer team conveyed that the Pasar NFT is still in progress, with further phases in its development. Bhre Kertabumi (ASIXPLUS Community Manager) mentioned that, in the first phase, NFTs cannot be transferred or sold. However, in the following phases, creators will be given access to showcase their NFT artworks. They also mentioned that the Pasar NFT will be very strict in curating creators who want to collaborate in showcasing their work. Why? So that the offered NFTs are not only valuable but also provide an exclusive impression to their holders and will be highly valued in the market later. Because there are several assessment points that the Pasar NFT will conduct, starting from the idea and concept of the artwork, the tools and materials used, the working time, the supply quantity to be launched, and not forgetting other benefits for NFT holders offered within the NFT.

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In the YouTube comments, someone asked where they can get the channel's trend. I use a pitchfork that I pulled from the instructions I explained in the picture, then I use ratios 1.9, 2.24 & 2.516. - Ratio 1.9 acts as Resistance in the current trend. - Ratio 2.24 acts as the Median in the current trend. - Ratio 2.516 serves as Support in the current trend. If you notice, the current trend is still playing within the same ratios. While the current price is at the Median, the question is whether there's potential for the price to touch Ratio 1.9 again? It's possible, especially if the Elliott wave calculation is correct that the current trend is in wave 2 heading towards wave 3. And for sure, wave 3 will be more bullish than wave 1. $BTC #BinanceTournament #CRYPTOHELL

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In June 2023, a legal dispute erupted between Binance, a major global crypto exchange, and the U.S. Securities and Exchange Commission (SEC). SEC accused Binance and its founder, Changpeng Zhao (CZ), of securities law violations, alleging misleading customers and diverting funds to Zhao's separate investment fund. Binance countered, claiming SEC's accusations lacked legal merit and asserted that the transactions in question occurred outside the US, beyond SEC's jurisdiction. They criticized SEC's use of a $4.3 billion settlement with the Department of Justice (DOJ), deeming it irrelevant to their case. SEC attempted to leverage Binance's admission of guilt to DOJ into their legal proceedings, attempting to strengthen their case by suggesting Binance knew it was operating in the US. In November, Binance settled with DOJ, agreeing to pay a $4.3 billion fine. Changpeng Zhao resigned as Binance CEO, both he and Binance admitting to violating the Bank Secrecy Act. Amidst this legal battle, Binance's BNB coin underperformed against Bitcoin by at least 16%, indicating the impact of legal uncertainties on the crypto market. The case signifies more than a simple legal conflict; it represents the challenges facing crypto regulations. Will these decisions set precedents for future cases? How will they affect innovation and investor security in the crypto industry? These questions are pivotal as the case progresses.

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