BTC - Bitcoin at RISK of Falling to $13K
Updated
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Here's my view on Bitcoin :
Bitcoin is currently trading right on top of a key support zone and this zone has already been tested with little success. By taking a look at global matters, I think it's safe to safe we're not due for a bull market any time soon. The world has been in turmoil lately, and unsurprisingly the crypto markets experience volatility. Meanwhile, consumer feelings about the economy have plummeted, and fear is high according to the University of Michigan’s closely-watched Survey of Consumers, measuring a 14.4% decline in June and a record low for the report.
Related NEWS Highlights :
👉 The SEC government officials are investigating the Luna Terra case. Hacktivist group Anonymous has vowed to bring Do Kown's crimes to light, founder of LUNAUSDT .
👉 FTX CEO Sam Bankman has also said that many crypto exchanges are "secretly bankrupt".
👉 Earlier in June, the Celsius Network , a cryptocurrency bank , began to halt withdrawals by its nearly 2 million depositors because of what it called “extreme market conditions.” Since then, securities regulators in at least five states have launched investigations into the bank’s operations.
👉 Three Arrows Capital ( crypto-focused hedge fund ) has been ordered by a court in the British Virgin Islands to liquidate. This is following its failure to repay creditors as the value of bitcoin and other cryptocurrencies declined. The liquidation order comes after a high-profile notice of default: On Monday, crypto broker Voyager Digital announced that Three Arrows Capital had not made the required payments on a loan worth more than $665 million, paid partly in bitcoin .
👉 One of the largest global NFT marketplace OpenSea has reported a data breach, the CEO announced today that he plans on stepping down
👉 Grayscale Sues SEC After Failure To Approve Their Proposed BTC Spot ETF
👉 Cardano's Vasil Hardfork Successfully Launches On Testnet
👉Alameda Research Commits $500 Million to Fund Distressed Trading Platform, Voyager Digital
Does this seem like the market is bullish ?
_________________
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👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Here's my view on Bitcoin :
Bitcoin is currently trading right on top of a key support zone and this zone has already been tested with little success. By taking a look at global matters, I think it's safe to safe we're not due for a bull market any time soon. The world has been in turmoil lately, and unsurprisingly the crypto markets experience volatility. Meanwhile, consumer feelings about the economy have plummeted, and fear is high according to the University of Michigan’s closely-watched Survey of Consumers, measuring a 14.4% decline in June and a record low for the report.
Related NEWS Highlights :
👉 The SEC government officials are investigating the Luna Terra case. Hacktivist group Anonymous has vowed to bring Do Kown's crimes to light, founder of LUNAUSDT .
👉 FTX CEO Sam Bankman has also said that many crypto exchanges are "secretly bankrupt".
👉 Earlier in June, the Celsius Network , a cryptocurrency bank , began to halt withdrawals by its nearly 2 million depositors because of what it called “extreme market conditions.” Since then, securities regulators in at least five states have launched investigations into the bank’s operations.
👉 Three Arrows Capital ( crypto-focused hedge fund ) has been ordered by a court in the British Virgin Islands to liquidate. This is following its failure to repay creditors as the value of bitcoin and other cryptocurrencies declined. The liquidation order comes after a high-profile notice of default: On Monday, crypto broker Voyager Digital announced that Three Arrows Capital had not made the required payments on a loan worth more than $665 million, paid partly in bitcoin .
👉 One of the largest global NFT marketplace OpenSea has reported a data breach, the CEO announced today that he plans on stepping down
👉 Grayscale Sues SEC After Failure To Approve Their Proposed BTC Spot ETF
👉 Cardano's Vasil Hardfork Successfully Launches On Testnet
👉Alameda Research Commits $500 Million to Fund Distressed Trading Platform, Voyager Digital
Does this seem like the market is bullish ?
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
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