Parody about a new currency: Son asks dad for trading advice
Parody about a new currency: Son asks dad for trading advice
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Some of you HODLrs are famous… (news article, wife leaves husband for buying the dip)
Redditor’s wife left him for not selling at $60k? Maybe they can work it out when it’s at $80k next month
https://news.bitcoin.com/wife-leaves-husband-after-he-refused-to-sell-bitcoin-at-60k-and-bought-the-dip/
View Reddit by sum_one23 – View Source
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Pay with Bitcoin in Austria!
Pay with Bitcoin in Austria!
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Why Bitcoin Price Could Rally If It Settles Above $57K
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Bitcoin price is recovering nicely above $55,000 against the US Dollar. BTC is likely to start a strong increase if there is a daily close above the $57,000 resistance.
- Bitcoin started a fresh increase above the $55,000 and $55,500 resistance levels.
- The price is now well above $55,000 and the 100 simple moving average (4-hours).
- There was a break above a major bearish trend line with resistance near $55,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
- The pair could rally towards the $60,000 level if there is a close above the $57,000 resistance zone.
Bitcoin Price is Showing Positive Signs
This past week, bitcoin price testes the $50,500 support zone and started a fresh increase against the US Dollar. The BTC/USD pair formed a support base above $52,000 and recently started a fresh increase.
The price broke the $53,000 and $53,500 resistance levels to move into a positive zone. It opened the doors for a break above the $55,000 resistance zone. There was a break above the 50% Fib retracement level of the downward move from the $57,235 swing high to $50,400 swing low.
Source: BTCUSD on TradingView.com
Moreover, there was a break above a major bearish trend line with resistance near $55,000 on the 4-hours chart of the BTC/USD pair. The pair is now trading above the 76.4% Fib retracement level of the downward move from the $57,235 swing high to $50,400 swing low.
An immediate resistance is near the $57,000 level and the 100 simple moving average (4-hours). A successful break and close above the $57,000 resistance zone could open the doors for a move towards the $60,000 resistance zone in the coming sessions.
Fresh Decline in BTC?
If bitcoin fails to settle above the $57,000 resistance or the 100 simple moving average (4-hours), there is a risk of a fresh decline. An initial support on the downside is near the $55,500 level.
The first key support is near the broken trend line and $55,000. A clear break below the $55,000 support might open the doors for another decline. In the stated case, the price could decline towards the $53,200 level or even $53,000.
Technical indicators
4 hours MACD – The MACD for BTC/USD is gaining momentum in the bullish zone.
4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is now moving nicely above the 50 level.
Major Support Level – $55,500
Major Resistance Level – $57,000
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The Future of NFTY Labs — Where We’re At & Where We’re Headed
Hey everyone! If you’ve been paying attention to what’s happening over at NFTY Labs then you will know that we did our first NFT sale a…
Why NFTs Are More Than Just Digital Art
Why NFTs Are More Than Just Digital Art
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Why The NFT Market Is Not As Crazy As You Think (Economics Explained)
Why The NFT Market Is Not As Crazy As You Think (Economics Explained)
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CBT — transparent and stable trading platform.
DigitalFlyer TM : The Most Affordable Business Service Platform in South Africa Introduces the Community Business Token.