š C.Q.: 2 scenarios before BTC-ETF approval.
1. Bullish. #BTC will rise to $48.5 thousand, the share of 1Dā1W holders will rise above 8%, which indicates market overheating and increases the likelihood of a correction. $48.5k is the average unit price for 2-3 year holders and could be a major resistance.
2. Bearish. Historically, when BTC rose, its price fell by an average of 2ā30%. If the price falls, the levels of $34 thousand and $30 thousand may become support. The average unit price for holders 1W to 3M, 18M to 2Y is $34K, and for holders $3M to $12M is $30K.
1. Bullish. #BTC will rise to $48.5 thousand, the share of 1Dā1W holders will rise above 8%, which indicates market overheating and increases the likelihood of a correction. $48.5k is the average unit price for 2-3 year holders and could be a major resistance.
2. Bearish. Historically, when BTC rose, its price fell by an average of 2ā30%. If the price falls, the levels of $34 thousand and $30 thousand may become support. The average unit price for holders 1W to 3M, 18M to 2Y is $34K, and for holders $3M to $12M is $30K.
š #BTC Whales are avoiding sending BTC to exchanges, which could mean going into risk minimization mode.
š Coinbase Insto:
- BTC dominance increased significantly in 2023;
- the current cycle of #BTC and #ETH is most reminiscent of the period 2018-2022, during which BTC added 500%, and ETH - 1000% from the cycle low;
- Cyclicality indicators suggest that cryptocurrency markets are not in a state of 2023 euphoria.
- BTC dominance increased significantly in 2023;
- the current cycle of #BTC and #ETH is most reminiscent of the period 2018-2022, during which BTC added 500%, and ETH - 1000% from the cycle low;
- Cyclicality indicators suggest that cryptocurrency markets are not in a state of 2023 euphoria.
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š #CEL Celsius has begun the process of withdrawing and rebalancing assets to ensure sufficient liquidity, as well as will withdraw its own from staking #ETH. twitter
šµļøāāļø #CEL Celsius was removed from staking and translated 10,000 #ETH ($23.39 million) on Coinbase and FalconX at an average price of $2,339 8 hours ago.
šŗšøš£ JPMorgan Global Investment Strategist: The Fed will likely begin cutting rates in the second half of the year. cnbc
ā #BTC The total trading volume of shares of four miners - Marathon Digital, Riot Platforms, Cleanspark and Terawulf - on January 8 amounted to $208 million. #mining cointelegraph
š According to Fairlead Strategies, the 40-day correlation between #BTC and Nadaq is now zero, indicating a lack of connection between asset classes.
šµļøāāļø #SOL According to a Jan. 9 Solana report, the Solana network has had between 2,500 and 3,000 active developers monthly over the past year. cointelegraph
šµļøāāļø 7,000 #BTC were translated between unknown wallets worth $327 million.
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š„³ How did you celebrate New Year's Eve? š„ Excellent š Fun āļø So-so š¤¬ Terrible
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š„³š„ Today. How was your vacation?
š„ Great š Terrible
š„ Great š Terrible
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š XAI: A total of 125 million XAI will be reset, which is 5% of the total. twitter.com
šš„³ XAI: The #XAI hallmark will open today at 9:30am UTC.
š„³ #ACH Alchemy Pay added additional BIN codes for the Crypto virtual card. This allows you to make transactions on platforms such as ChatGPT Plus, Aliexpress, Netflix, Twitter, Facebook, Apple Store, Google Pay, etc.