They started asking me a lot of questions in my Telegram channel: (by the way, look for me under the nickname: @VinCrypto If you didn’t have coins in your staking before the update, then for now you can only buy them with Stars 🌟. It's best to buy them 👇 On ☁️ Fragment for TON, the benefit is almost twice as much as through the telegram itself.
BTC is currently steadily approaching its key support at 56469.5$ and looks extremely dangerous. Inflation in the US fell to 3%. The forecast was 3.1%, the previous value was 3.3%.
However, even positive data could not keep the asset from correcting further. There is a high probability that the asset will decline to the level of 52,000$ and attempts to go lower. The buyer shows extremely weak interest.
German authorities continue to conduct transactions with confiscated bitcoins. Coins continue to go to exchanges and OTC.
The coin is globally at the threshold of the strongest support at 69.771$ , where it has already formed a double bottom and rebounded. The coin has strong support and an interested buyer is visible.
TRB always started first among altcoins and began to grow, and given the decline in dominance, I see good prospects for the altcoin. The only thing that can hinder the asset is a fall in BTC, since the negative correlation is still present.
I go into the working area. The transaction is risky, since trading in such a market is a priori difficult thing. Do not forget that for 1 transaction the volume is 1% -3% of the deposit. Have a nice evening and good mood everyone.
#BTC got into a new sideline and has no plans to leave it in the near future. It is likely that we will not see drastic changes in the market until the end of the week, as we are tightly trying to hold the new support at $56683.4.
BTC dominance is at 54.67% and is gradually declining, which is good news. At the moment, alta is gradually holding its position and is doing well, but the global correlation obviously remains.
At the end of last week, over 317,000 new addresses appeared on the Bitcoin network in just one day, which practically became a new record. Despite all the market stagnation, the on-chain network lives.
The current size of the bull market correction compared to previous historical pullbacks.
Globally, we have a huge reserve for further correction and I understand this very well. We may well see a target of 52,000$ for BTC, but below that the structure is already breaking down.
Globally, the structure broke down even after going below 60,000$ , but 52,000$ is a buffer zone of support, under which there is a huge gap that allows the asset to instantly sink by 10%+, and supports will be formed at the moment of the fall, which is extremely negative and often does not help stop the fall of the asset.
BTC>52 000$ bull market BTC<span bear market BTC 50,000 - 52,000 strong fight for the asset. So far the market structure is like this.
The coin, after another unsuccessful attempt to break through the resistance at 4.239$ , went into a correction and has now reached the area 1.144$ - 1.585$ , in which buyers had previously repeatedly supported the asset.
The token is trying to overcome the moving average MA50, which restrains the price from further growth; in case of a successful breakout, there is every chance of a full-fledged growth of the asset.
Trading volumes in the instrument indicate activity on the part of buyers, as they are gradually growing. If BTC continues to recover, it will contribute to the growth of the coin.
Friends, good afternoon. BTC has not shown any significant movements over the past 24 hours and continues to trade almost in the same place. Someone spent $2 yesterday to send a Bitcoin transaction to the German government with the comment “Taxes are robbery.
BTC dominance is at 54.94% and has finally dropped below 55%. ETH dominance and alt capitalization are steadily growing in anticipation of a market rebound.
Today I will be putting together a new investment portfolio with you, wait for the news in the evening.