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Bitcoin has reached a critical moment, a critical point! This week's unveiling, will the Mavericks renew their cup or plummet!
It has been three months since Bitcoin was adjusted from 31850 on July 13th, and it is currently hovering around 27000 points.In terms of time, three months is enough for a weekly adjustment; However, structurally speaking, only one daily decline has been completed, and currently in the midst of a daily rebound (it is uncertain whether it will end), structurally it is clearly not enough!Those who have read the previous article should feel that this is a crucial situation! Because on a weekly basis, if the daily rebound cannot exceed 31850, then it is the daily second selling! From a daily perspective, the four hour rebound has completed four segments, up and down
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Return to the starting point overnight! What happened when Bitcoin (BTC) fell below 26000?
From midnight yesterday to early morning this morning (1st), Bitcoin suddenly fell below $26000 and fell back to the starting point on August 29th overnight. What happened?Why did Bitcoin plummet? SEC Delays Review of 7 Spot ETFsWhat happened when Bitcoin suddenly fell below $26000?Why did Bitcoin suddenly plummet? Many foreign media outlets generally believe that it is related to the US Securities and Exchange Commission's decision last night to postpone the review of 7 counterfeit Bitcoin spot ETFs, including the application of fund giants such as BlackRock, Fidelity, and Invesco, which will be postponed until October to decide whether to pass
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Bitcoin's daily rebound has entered the second half of the cycle, and it will be sold again next week. Keep an eye on the selling points
The US dollar index unexpectedly strong, rebounding to consecutive new highs; The rebound of Bitcoin has been quite bumpy, and it has never been able to stand firm at 28000, but the point where it should reach will still be explored.The previous article analyzed that there is a high probability of a three wave upward trend in the daily rebound of the pancake, and based on the current trend, four hours should be a rising center
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DOGE consolidates after encountering rejection at the highest resistance point
After being rejected at the top of the channel, DOGE began to retreat and re-examine the bottom of the channel. It has successfully found support of 0
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Bitcoin prices have reached a critical point
Article | Tibetan Sea Demon ManBitcoin (BTC27111 USD) may experience new upward fluctuations as the price of Bitcoin strongly returns to a critical level, as a classic indicator indicates.John Bollinger, the creator of the Bollinger Line Volatility Index, stated in an X article published on September 18th that Bitcoin is at a breaking point
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The core point of Ethereum Cancun upgrade
What are the main upgrade points of Ethereum's Cancun upgrade, which is why it is said to be beneficial for this L2The central point is the EP-4844 protocol, which expands the capacity of blocks connected to L2 and L1. For example, when there is a transaction between L2 and L1, the transaction blocks can store around 50-100kb
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Will the price of Ethereum drop to its lowest point in 2012 in the future?
The price of Ethereum has dropped significantly in the past day, now only $1540, which is the lowest point since March 12, 2023. This decline is due to many people becoming increasingly pessimistic about the market, especially as FTX is about to undergo asset liquidation, which will inject approximately $192 million worth of Ethereum into the market
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Mars Frontline | Zhao Changpeng Releases a 5-Point Statement in Response to the Removal of BNB Repurchase Terms in the Coin An White Paper
Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow meMars Finance (WeChat: hxcj24h) reported on the front line that in response to today's report on the removal of BNB repurchase terms in the Coin An white paper, Coin An founder Zhao Changpeng issued a 5-point statement on Weibo to respond:The use of the term 'repurchase' is not accurate
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Bitcoin fell below $30000 to its lowest point since late June, while XRP litigation saw a decrease in other currency returns
#Headline Creation Challenge#The Cryptocurrency market continues to fall back from last Thursday's surge. Bitcoin (BTC) has declined by about 2% in the past 24 hours, while the counterfeit currency sector has also experienced a greater decline
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Meet the historic turning point: Ethereum is ready to trade ETH on the exchange
Although the market value of Ethereum cannot exceed that of Bitcoin (BTC) at present, the number of original ETH held in the Ethereum blockchain will exceed the number of Ethereum held by crypto exchanges for the first time in the coming weeks. According to Nansen data analyzed by Blockworks, earlier this week, the number of ETHs held in the Ethereum blockchain was 22
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Coin security token BNB rebounded from a low point in 1 and a half years, easing tension in the crypto market
Zhitong Financial APP has learned that after the U.S
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Bitcoin (BTC) hovers at the "decision point", and on chain indicators indicate the next step of action
According to analysis company Glassnode, Bitcoin (BTC) is currently at a critical juncture and its next steps may be foreshadowed by on chain indicators.Glassnode stated that it is paying attention to the short-term holder market value and realized value (MVRV) indicators of BTC