Open long orders on BEAM/BTC.
Currently, it is at the accumulation zone. Expecting 300%+ profit in the next couple of months. Got lots of event coming in for BEAM.
Entry: 1189 to 1509 sats.
Targets:
2288 sats
2945 sats
3678 sats
4437 sats
Remember: This will be a mid-term trade so accumulate every dip to average your entry in spot.
Currently, it is at the accumulation zone. Expecting 300%+ profit in the next couple of months. Got lots of event coming in for BEAM.
Entry: 1189 to 1509 sats.
Targets:
2288 sats
2945 sats
3678 sats
4437 sats
Remember: This will be a mid-term trade so accumulate every dip to average your entry in spot.
The Future Belongs to Cryptocurrencies, Banks Must Embrace It: Deloitte Survey
A recent study revealed that 73% of senior executives at financial institutions fear their companies will fall behind in terms of development if they fail to adopt virtual currencies and blockchain technology. 76% believe that digital assets will replace fiat money in the next 5 to 10 years.
In the last year, we’ve seen a significant shift in how the global financial ecosystem is thinking about new business models fueled by digital assets, and how this is playing a meaningful role in financial infrastructure.
A recent study revealed that 73% of senior executives at financial institutions fear their companies will fall behind in terms of development if they fail to adopt virtual currencies and blockchain technology. 76% believe that digital assets will replace fiat money in the next 5 to 10 years.
In the last year, we’ve seen a significant shift in how the global financial ecosystem is thinking about new business models fueled by digital assets, and how this is playing a meaningful role in financial infrastructure.
BTC is bouncing right back from the support level. We all are highly anticipating BTC to reach $50k and if BTC continues to rally up then we will soon see it happening.
But here's the catch though. BTC is at the resistance right now. If it breaks down from the support then we might possibly see the price back to $46k level.
The daily close for BTC must be above $48k to continue the uptrend.
So, be careful with your trades and keep you SL close if you have taken any.
We will keep things updated.
But here's the catch though. BTC is at the resistance right now. If it breaks down from the support then we might possibly see the price back to $46k level.
The daily close for BTC must be above $48k to continue the uptrend.
So, be careful with your trades and keep you SL close if you have taken any.
We will keep things updated.
Pro Analysis
BTC is bouncing right back from the support level. We all are highly anticipating BTC to reach $50k and if BTC continues to rally up then we will soon see it happening. But here's the catch though. BTC is at the resistance right now. If it breaks down from…
BTC has reached $50k. A continuous rally will possibly lead the price to $52k anytime soon. If BTC breaks above the $52k level then we may have one step lead towards the new ATH. For this, all we need is a rally towards $52k, breakout and daily close above it.
On the other hand, as BTC is on a rising wedge pattern in 4 hours time frame, we might possibly see a rejection from $52k as well.
So, to let all the above scenario to come to reality, BTC must reach the $52k level.
Stay alert.
On the other hand, as BTC is on a rising wedge pattern in 4 hours time frame, we might possibly see a rejection from $52k as well.
So, to let all the above scenario to come to reality, BTC must reach the $52k level.
Stay alert.
Pro Analysis
BTC has reached $50k. A continuous rally will possibly lead the price to $52k anytime soon. If BTC breaks above the $52k level then we may have one step lead towards the new ATH. For this, all we need is a rally towards $52k, breakout and daily close above…
BTC update.
BTC is pushing hard to keep up with the uptrend rally. The $52k rally is still valid as we have a strong support at the 21 MA. We may possibly see a bounce from this level. If BTC breaks the 21 MA then we still have another support at $48k.
Further break down from these two support will possibly bring the price back to $46k level.
We will be sharing the top 10 altcoins to invest in the coming days.
So, stay tuned.
BTC is pushing hard to keep up with the uptrend rally. The $52k rally is still valid as we have a strong support at the 21 MA. We may possibly see a bounce from this level. If BTC breaks the 21 MA then we still have another support at $48k.
Further break down from these two support will possibly bring the price back to $46k level.
We will be sharing the top 10 altcoins to invest in the coming days.
So, stay tuned.
29,696 BTC moved onto exchanges in the last week.
BTC rejected from $50k. Also September month has not been good for BTC history wise. There were only two times (2015&2016) when BTC gave positive returns in September month. Let's see how this plays this time.
Stay tuned for more updates.
BTC rejected from $50k. Also September month has not been good for BTC history wise. There were only two times (2015&2016) when BTC gave positive returns in September month. Let's see how this plays this time.
Stay tuned for more updates.
BTC broke down below the 21 MA which was basically support 1 for BTC. Currently it is testing another support at $48k. If BTC fails to hold this support then it will soon hit the lower trendline which is at $46k level.
A bounce is needed at the present moment cause if BTC reaches the lower trendline then it'll be a very critical situation for BTC.
A bounce is needed at the present moment cause if BTC reaches the lower trendline then it'll be a very critical situation for BTC.
BITCOIN fear and greed index is at 73. The market is in greed and you know what happens when everyone is greedy.
Right now Bitcoin holding the $48k level. As long as we hold this level we again see $50k. If we break the $48k level then we might see $44-$45k range.
Stay tuned and pin our channel at top.
Right now Bitcoin holding the $48k level. As long as we hold this level we again see $50k. If we break the $48k level then we might see $44-$45k range.
Stay tuned and pin our channel at top.
Pro Analysis
Open long orders on BEAM/BTC. Currently, it is at the accumulation zone. Expecting 300%+ profit in the next couple of months. Got lots of event coming in for BEAM. Entry: 1189 to 1509 sats. Targets: 2288 sats 2945 sats 3678 sats 4437 sats Remember: This…
Latest tweet of BEAM
Beam is building a confidential DeFi ecosystem to enable decentralized apps (DAPPs) for a range of use-cases from governance and voting to financial instruments such as trading, lending and stablecoins. Let’s dive into what BeamX entails.
Beam is building a confidential DeFi ecosystem to enable decentralized apps (DAPPs) for a range of use-cases from governance and voting to financial instruments such as trading, lending and stablecoins. Let’s dive into what BeamX entails.
A quick bounce in BTC after reaching $47100. BTC failed to hold the support but it quickly bounced back as well. Currently, the price is testing the 21 MA resistance level which is an important zone for BTC.
Can BTC break this level or is it just a fake out before the fall?
Well, it is hard to decide as BTC is in a resistance zone. A breakout will surely give a new hope to reach $52k and a break down will once again lead the price to test the lower supporting trendline.
Can BTC break this level or is it just a fake out before the fall?
Well, it is hard to decide as BTC is in a resistance zone. A breakout will surely give a new hope to reach $52k and a break down will once again lead the price to test the lower supporting trendline.
The Ethereum supply is melting. The current amount of ETH burned after London Hardfork 96,409 and keep increasing.
Additionally, when we look at the ETH 2.0 Staking Rate data, it shows us that more than 6% of the total supply is locked to ETH 2.0
What is looking even more bullish is that ETH reserves on CEX dipped to 18.98 million and deposits across all the CEX substantially plunged.
Additionally, when we look at the ETH 2.0 Staking Rate data, it shows us that more than 6% of the total supply is locked to ETH 2.0
What is looking even more bullish is that ETH reserves on CEX dipped to 18.98 million and deposits across all the CEX substantially plunged.
Pro Analysis
A quick bounce in BTC after reaching $47100. BTC failed to hold the support but it quickly bounced back as well. Currently, the price is testing the 21 MA resistance level which is an important zone for BTC. Can BTC break this level or is it just a fake…
Like we said, "A breakdown will once again lead the price to test the lower supporting trendline".
This lower trendline must hold the price and push it back to rally in the uptrend. If it fails to hold then we might see BTC falling bad.
More updates coming soon.
This lower trendline must hold the price and push it back to rally in the uptrend. If it fails to hold then we might see BTC falling bad.
More updates coming soon.
Pro Analysis
Like we said, "A breakdown will once again lead the price to test the lower supporting trendline". This lower trendline must hold the price and push it back to rally in the uptrend. If it fails to hold then we might see BTC falling bad. More updates coming…
BTC holding $46-$47k zone very well and bulls are trying hard. If BTC breaks down below $46k then we might see $42-$44k. BTC need to get above $49k for remain bullish scenario. Untill we get any confirmation trade safely.
Stay tuned.
Stay tuned.
Asset Managers and Companies Accumulated Worth $57 Billion Bitcoin.
Asset managers and companies have cumulatively accumulated 1.4 million BTC on their balance sheets. About 6% of Bitcoin's circulating supply which is equivalent to 816,379 BTC worth $40.1 billion are under asset managers. Grayscale Bitcoin Trust, takes up more than 3% of the Bitcoin supply, with 654,600 BTC worth $32 billion, under management. Coinshares XBT provider follows with 48,466 BTC worth $2.4 billion, representing 0.23% of supply.
Asset managers and companies have cumulatively accumulated 1.4 million BTC on their balance sheets. About 6% of Bitcoin's circulating supply which is equivalent to 816,379 BTC worth $40.1 billion are under asset managers. Grayscale Bitcoin Trust, takes up more than 3% of the Bitcoin supply, with 654,600 BTC worth $32 billion, under management. Coinshares XBT provider follows with 48,466 BTC worth $2.4 billion, representing 0.23% of supply.