March 8 BTCUSD BingX Chart Analysis and Today's HeadlineBitcoin is down 1.45% over the last 24 hours and fell to an intraday low of $21,928.02. The largest cryptocurrency is struggling to climb back above $23,000, suggesting the bears are controlling the market. The 20-day exponential moving average has started to turn down, and the relative strength index (RSI) is below 42, indicating an advantage to the bear. The sellers will try to pull the price further down, and if the price drops below $22,000, the BTC/USDT pair may drop to the critical support at $21,480.
Today’s Cryptocurrency Headline
Fantom Releases Its go-opera 1.1.2-rc.5 Mainnet Update
According to the official blog, the Fantom Foundation announced the release of a new version of the Fantom mainnet (go-opera version 1.1.2-rc.5). Improvements in this release include batched genesis blocks processing, configurable DBs management, parallel EVM logs search, and optimizations in P2P protocol.
Based on internal testing, this upgrade brings the following benefits:
P2P and events/blocks processing is significantly improved, resulting in an approximately 30% improvement for events/blocks processing time.
Genesis file processing is up to 3 times faster (except for archive genesis files).
Searching logs is now 5 times faster, and each log search should take only 1/5 of the time it took before.
In addition, the new version has made some adjustments to the database layer, which can integrate multiple data storage types (LevelDB and PebbleDB), and also support DBs batching for genesis processing and desynchronizing data flushing.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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March 7 BTCUSD BingX Chart Analysis and Today's HeadlineAccording to CoinShare, digital asset investment products saw minor outflows totalling US$17m last week, marking the 4th consecutive week of negative sentiment. Bitcoin is up 0.15% over the last 24 hours and rose to an intraday high of $22602.06. The largest cryptocurrency is trading in a tight range between $22,300-$22,600 since March 3, suggesting the market is indecisive about the next big move. The 20-day exponential moving average has started to turn down, and the relative strength index (RSI) is below 44, indicating an advantage to the bear. The sellers will try to pull the price further down, and if the price turns down from the current level, the BTC/USDT pair may drop to the critical support at $21,480.
Today’s Cryptocurrency Headline
BCB Group to Offer Dollar Fiat-to-Crypto Payment Service
Oliver von Landsberg-Sadie, CEO of crypto financial services company BCB Group, said in an interview that the company is accelerating plans to add U.S. dollar capabilities and is preparing to go live in the early second quarter to help fill the void left by the recently closed Silvergate Exchange Network (SEN). BCB Group launched its instant settlement network, the BCB Liquidity Exchange Network Consortium (BLINC), in mid-2020. That's a real-time settlement system that does for euros, British pounds and Swiss francs what SEN did in the U.S. until recently for big crypto clients transacting in dollars.
March 9 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It's a one-way neutral strategy.
There are no particularly dangerous signs,
It is in a downtrend, and I bet on the possibility that it will be shaken enough according to the Nasdaq movement.
*In light blue finger movement path
Short -> Long Switching Strategy
1. Entry into short position at $21762 / stop loss when pink resistance line is broken
2. Switch long position at $21319 / stop loss when green support line completely breaks or major Bollinger band support line breaks / final long position target at $21985
Keep an eye on the Nasdaq movement.
There is one thing I would like to ask you.
misunderstanding the analysis itself, or
It seems that there are people who leave comments without reading the article itself.
The reason I write analysis articles every day is not that the long, short, and neutral directions are right, but
Please use my analysis
According to the target section of the support resistance line, it is said to be used for each position, long and short.
I don't want to talk about whether it's right or wrong based on any standard.
I hope that those who are actually trading can refer to it and help.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
March 8 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is an arrow movement path one-way long position strategy.
Because there is an announcement of Powell's testimony at 12 o'clock tonight
In contrast to the variables, the fluctuation range was not large up to the bottom, so I took plenty of stop loss and proceeded.
In the case of the beat, there was a downward wave in the afternoon.
Since the bottom is open,
It is not good if there is an upward wave (touch down and rise).
*At the red arrow path
long position strategy
1. $22064.5 long position / stop loss when breaking the light blue support line
22418 dollars 1st target -> 22551 Top section 2nd target
Nasdaq movement is the most important, so while watching real-time movement
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential
thank you.
March 7 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
I'm going to the extreme today, but it's very difficult to analyze.
A slight uptrend is underway.
Somehow, I'm concerned about the Gap section at the bottom.
There is still a very high chance of
Today's up and down fluctuations are not large
There is also a Nasdaq index announcement at 12:00,
We will proceed with the strategy of opening the mouth from the bottom without overdoing it.
I will not proceed with chasing shorts or reverse trades.
Instead, those who operate the spot exchange
At the bottom of the long position entry timing
It might be a good idea to lose your hand in the same way and aim for minor altcoins.
*In light blue finger movement path
long position strategy
1. Entry into long position at $22,147 / Stop loss when breaking the green support line / Target long position at $22,544
According to Nasdaq variables today
In the event of a favorable situation, after breaking through the orange resistance line, you can reach the indicated $22839.5 -> Top price.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
March 6 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
Today is a day with many diverging points and a high possibility of sideways movement.
There were many difficulties in the analysis.
When viewed in terms of pattern or gap section
It ended with a moderate right-handed sidewalk.
It is a long waiting strategy at the bottom waiting after sideways movement.
*In light blue finger movement path
long position strategy
1. Entry into long position at $22234 / stop loss when breaking the green support line
-> $22591 long position target
If it rebounds from the current position without adjustment
It can rise up to the top price.
You can rock it up and down in both directions.
Opposite trading or long or short wait strategies seem more advantageous than chase trading.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential
thank you.
March 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 0.15% over the last 24 hours and rose to an intraday high of $22,570.52. The largest cryptocurrency plummeted below the $23,000 support on March 3 due to concerns about the solvency of crypto bank Silvergate. The 20-day exponential moving average ($23,085) has started to turn down and the relative strength index (RSI) is below 44, indicating an advantage to the bear. The sellers will try to pull the price below the February 13 low of $21,351. If it happens, the BTC/USDT pair may drop to the vital support at $20,000.
Today’s Cryptocurrency Headline
ConsenSys' zkEVM Testnet Will Live on March 28
Ethereum infrastructure development firm ConsenSys will launch a public testnet for its zero-knowledge Ethereum Virtual Machine (zkEVM) on March 28. Its private testnet has processed over 350,000 transactions. ConsenSys has not set a date for when their zkEVM will move out of the testnet phase, but Nicolas Liochon, ConsenSys R&D director and head of the ZK business group, said it should happen by the end of 2023. In January, ConsenSys’ zkEVM testnet opened a private beta version to 100 selected users, and now it's open for anyone to join.
March 3 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
It seems that the direction will be determined in the middle wave according to the Nasdaq movement.
In the case of maintaining the % purple support line without breaking away, the target is up to the Top -> Great section
Movement within the red resistance line / green support line is sideways
*At the red arrow path
long position strategy
$22368.5 long position entry zone / Stop loss when breaking the green support line / $23431.5 long position target price
Because there is a possibility of a rebound without adjustment
After the initial long entry, we focused only on long positions that were maintained or returned depending on the situation.
For the strategy to be successful, a V-shaped rebound is required.
There should be a strong rise or vertical rise in the Nasdaq.
It should be connected from the 12 o'clock indicator announcement to favorable news and rising waves.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
You worked hard this week too
thank you.
March 2 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 -minute chart.
Today, no matter how much I look at
The possibility of sideways is very high.
It will be seen as if there will be a sideways guarantee in the orange resistance line / Sky
As marked, it is the opposite trading neutral strategy.
If you come up, the shot / long when you come down
*Red arrow moving path
Short-> Long Switching Strategy
1. 23606.5 Fall short position entry section / Orange color resistance
2. 23325.5 Bull long position switching
*When the light blue finger movement path
1. 22968 Bull Long Position entry section / Sky blue support
If you are currently entering a long or short,
It would be nice to use it for switching according to the strategy you left.
I simply ask for my analysis.
Principles, please operate safely.
thank you.
March 2 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 0.85% over the last 24 hours and rose to an intraday high of $24,000.00. The largest cryptocurrency continues to trade in a tight range between $23,200 to $24,000 today, indicating indecision among the buyers and sellers. Currently, the 50-day moving average, located around $23K, has been acting as a solid support in the past few days. If the 50-day moving average gets broken to the downside, the price could find support at around $21,500. On the other hand, If the BTC/USDT pair maintain above the 20-day exponential moving average, the bulls will attempt to push the price above $24,000.
Today’s Cryptocurrency Headline
Polygon Launches Web3 Identification Service
Polygon has released a Web3 identity service called Polygon ID that will allow blockchain-based applications to verify user credentials without compromising personal information. The product can verify user data for blockchain applications while maintaining on-chain privacy; iit uses zero-knowledge proofs, which can authenticate data while keeping it encrypted and hidden from the verifying party. The product can be used for KYC, e-commerce onboarding, passwordless login, etc. Core developers at Polygon Labs have integrated Polygon ID technology into the Polygon zkEVM, which is expected to launch later this month.
February 28 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It's a two-way neutral strategy.
Today, the possibility of sideways movement is very high.
*At the red arrow path
1. Entry into long position at $23,120 / stop loss when breaking the green support line
$23550 short position / stop loss when the red resistance line is broken
Whichever of the two arrives first
You may want to enter.
(From the current position, if there is no place to enter the bottom long, from the top short in case of a rebound)
2. $23258.5 long position switching / stop loss when breaking the green support line
-> 1st target of red resistance line -> 2nd target of final $23910.5
In case of maintaining without breaking the final green support line
Circulation pumping may occur in job altcoins, so check it.
There is an indicator announcement at 12:00 tonight, so please refer to it.
Please pay attention to the Nasdaq movement.
My analysis is for reference only.
I hope you will operate safely with principle trading and stop loss essential.
I'll take off tomorrow Wednesday and see you on Thursday.
thank you.
March 1 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 0.59% over the last 24 hours and fell to an intraday low of $23,022.42. The largest cryptocurrency was trading around the 20-day exponential moving average for the past few days, suggesting neither bulls or bears are willing to give up this level. The flattening 20-day EMA and the relative strength index (RSI) near the midpoint, suggesting the market momentum is neutral. If the BTC/USDT pair maintain above the 20-day EMA, the bulls will attempt to push the price above $24,000. On the other hand, if the price breaks below the 20-day EMA, the price could drop to $22,800.
Today’s Cryptocurrency Headline
French National Assembly Passes New Crypto Registration Rules for Firms
The French National Assembly passed a set of licensing rules for crypto firms operating in the country. Under the new rules, French companies offering cryptocurrency services must attain a registration more robust than currently offered from the Financial Markets Authority (AMF). The new rules will apply to companies registered after July 2023. Companies that are already registered with the AMF, following existing anti-money laundering provisions, will be able to continue to operate as they are until the end of the transition period which MiCA offers, likely in 2026.
February 28 BTCUSD BingX Chart Analysis and Today's HeadlineRobinhood Faces SEC Investigation Over Crypto Business
Today’s Cryptocurrency Headline
Robinhood Markets disclosed in its 10-K filing that shortly after FTX filed for bankruptcy protection in November last year, it received a subpoena from the US Securities and Exchange Commission (SEC) regarding its crypto operations, which involved Robinhood’s “cryptocurrency listings, custody of cryptocurrencies, and platform operations.” Additionally, Robinhood has received similar subpoena requests from the California Attorney General’s Office regarding its trading platform, custody of customer assets, customer disclosures and coin listing. The company said it is cooperating with California’s investigation. Robinhood noted in the filing that if the SEC or a court determines that any of the cryptocurrencies it supports are securities, Robinhood could be forced to stop trading those cryptos.
Bitcoin is down 0.30% over the last 24 hours and fell to an intraday low of $23,110.42. The largest cryptocurrency recovered back above the 20-day exponential moving average on Feb. 26, suggesting the lower levels are attracting buyers. It is possible that the bears will not give up so easily. They will try to pull the price back below the 20-day EMA and challenge the 50-day simple moving average. If the BTC/USDT pair maintain above the 20-day exponential moving average, the bulls will attempt to push the price above $25,000.
February 27 BTCUSD BingX Chart Analysis and Today's HeadlineToday’s Cryptocurrency Headline
Software Giant Salesforce Enters Web3
American software giant Salesforce is entering the Web3 field. Marc Mathieu, the co-founder of Salesforce's Web3 studio, said in an interview that now is a good time for customers to start experimenting with decentralized technologies, including cryptocurrency wallets and NFTs. Last June, the company launched a pilot of its NFT minting and selling platform. A Salesforce spokesperson at the time said that brands might use NFTs to create loyalty programs and access private online communities.
According to Glassnode, the number of Bitcoin that remained dormant for at least 6 months is very close to a new ATH of 15 million. Bitcoin is up 2.84% over the last 24 hours and rose to an intraday high of $23,690.00. The largest cryptocurrency recovered back above the 20-day exponential moving average, suggesting the bears could not build the advantage to push the price further down. The flattening 20-day EMA and the relative strength index (RSI) near the midpoint also suggest a range-bound action in the near term. If the BTC/USDT pair maintain above the 20-day exponential moving average, the bulls will attempt to push the price above $25,000.
February 27 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It's been a long time since it's a short position strategy.
To be precise, it is a short -> long switching strategy.
centered on the bottom gap
I made a strategy based on patterns and signals in the current situation.
Due to the recent Nasdaq variable, Bitcoin movements are unpredictable.
Real-time selection seems to be the most important according to real-time movement.
*In light blue finger movement path
Short-> Long Switching Strategy
1. Entry into short position at $23363 / stop loss when orange resistance line is broken
2. 22993 long position switching / stop loss when breaking the green support line
The final long position target is $23554.
The next target is $23907.5 -> Top price.
Breaking the orange resistance line until dawn is good.
Because the downtrend remains
It started with a chase shot.
If it breaks through the orange resistance line at once
Nasdaq seems to have the biggest impact.
These days, it is not easy to analyze the Nasdaq sideways including sideways.
My analysis so far is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
February 24 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
In the case of Bitcoin
There is no risky signal, but it is a downside when the pattern is broken.
There is a high possibility of extreme cross coverage on the MACD.
We have prepared a more aggressive upward-sloping sideways strategy.
*At the red arrow path
long position strategy
1. $23729.5 entry into long position / stop loss when breaking the green support line
-> $24465 long position target -> Top 2nd over the weekend -> Great 3rd
In the case of extreme sideways movement, pay attention to the purple parallel line.
We proceeded tightly as requested by all of you who are losing money.
If the strategy is successful, in major + miscellaneous altcoins
It seems that there will be a moderate rebound, and it would be nice to operate the stop loss the same.
Please note that the bottom price is a period where the pattern is restored in the medium term.
Please pay attention to the Nasdaq movement.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
You worked hard this week too.
Have a nice weekend everyone.
thank you
February 24 BTCUSD BingX Chart Analysis and Today's HeadlineBitcoin is down 2.06% over the last 24 hours and fell to an intraday low of $23,608.00. Bitcoin failed at decisively overcoming $25,000 once again on Tuesday, and the subsequent rejection brought it back down to just below $24,000, suggesting the bears have defended the level successfully. The rising moving averages and the RSI above 60 indicate that bulls are in control. The bulls will attempt to push the price above $25,000. If the price sustains above $25,000, the BTC /USDT pair could rise to $28,000.
Today’s Cryptocurrency Headline
Dapper Labs Lays off 20% of Its Workforce
Less than four months after parting ways with more than 20% of its employees, Dapper Labs decided to let another 20% of full-time staff go.In an email to investors on Wednesday, Dapper Labs’ CEO Roham Gharegozlou announced a “corporate restructure” and the layoffs. “As part of this restructure, we have made the difficult decision to part ways with team members representing 20% of full-time employees," he wrote.Last November, Dapper Labs laid off 22% of its staff. However, many employees had already been let go, and several senior managers had left, months before the layoffs were officially announced.
February 25 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 3.54% over the last 24 hours and fell to an intraday low of $22,841.19. The largest cryptocurrency was unable to hold above the 20-day exponential moving average ($23,430) today, suggesting the sellers increased the selling pressure. The negative divergence on the relative strength index (RSI) suggests that the bullish momentum is weakening. If the price sustains below the 20-day EMA, bears will likely push the price to the 50-day simple moving average ($22,052).
Today’s Cryptocurrency Headline
Polygon zkEVM to Launch Audit Upgrade Testnet Next Week
Polygon Labs will launch the Polygon zkEVM audit upgrade testnet next week. The audit-upgraded testnet for Polygon zkEVM will be nearly the same as the permissionless, anyone-can-join, no whitelist, real assets, live system with a working prover that launches with Mainnet Beta.After the deployment of the audit upgrade testnet, Polygon zkEVM will also support Etherscan and integrate FFLONK to improve verifier performance.
February 23 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
*At the red arrow path
long position strategy
1. Entry into long position at $24156.5 / Stop loss when breaking the purple support line
-> $25083.5 target
I think it would be nice to be able to operate long and short freely in medium and small waves.
Autonomous stop loss within the indicated support resistance line.
Because it is a dangerous area that can be strongly pushed when the purple support line is broken
I will go tight with my stop loss.
sidewalk
Orange Resistance / Light Blue Support (Light Blue Fingers)
Please note
Ignore the daily chart MACD dead cross
Focused on NASDAQ.
Please pay attention to the Nasdaq indicator announcement and movement at 10:30.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
February 22 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
Currently, the 12-hour chart MACD dead cross is in progress.
In the case of NASDAQ, because there is no place to eat short
There should be minimal rebound
There is one indicator announcement at 4:00.
As a result
When viewed under various conditions
I think Nasdaq has priority over BIT.
This strategy ignores the 12-hour MACD dead cross.
*At the red arrow path
long position strategy
1. Entry into long position at $24,080 / stop loss when completely breaking the green support line
-> 24471 dollars 1st target
Marked , short switching / long switching are autonomous operating sections based on the support resistance line, respectively.
The final target is $24876.5.
Above all, the Nasdaq movement is important.
Keep an eye on the Nasdaq movement.
if it's normal
Bitcoin 12-hour chart MACD dead cross and
Because the intermediate pattern is broken
shown below,
There is a high possibility that it will deviate to near the light blue finger.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
February 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. Bitcoin is down 3.67% over the last 24 hours and fell to an intraday low of $23,855.55. The largest cryptocurrency rose to $25,250 on Tuesday, but the price was unable to sustain above $25,000, suggesting the bears have defended the level successfully. The rising moving averages and the RSI above 65 indicate that bulls are in control. If the BTC/USDT pair sustains above $25,000, the BTC/USDT pair could rise to $28,000.
Microsoft and Ankr Partner to Offer Blockchain Node Service
Today’s Cryptocurrency Headline
Tech giant Microsoft has partnered up with Web3 infrastructure provider Ankr to provide node services for businesses that need access to blockchain data. The two companies will collaborate on a new node hosting service on the Microsoft Azure cloud marketplace, offering tailored memory and bandwidth specifications for blockchain nodes. After this cooperation, developers will be able to develop decentralized applications on Ankr's RPC and middleware platform and meet their scaling needs through Microsoft's cloud platform.
February 21 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 -minute chart.
Currently, it is a major support section.
According to the NASDAQ movement, we have been working on a two -way neutral strategy.
*Red arrow moving path
Long-> Short Switching Strategy
1. 24765 Bull Long position entry section / Bora colored paper loss is lost-> TOP price 25614 $ target price
2. 25613 Fall short position entry section / Red resistance breakthrough when breakthrough
Following Nasdaq movements tomorrow
You can operate the final long position switching
Pink resistance line displayed displayed-> Check whether it exceeds the orange resistance line
If you do not leave the green ground line
It looks like a good movement will come out of Job Altcoin.
If you leave the colorful branch today,
The additional decline may be connected after tomorrow
Please pay attention to the movement.
I just ask for my analysis article.
I hope that the sale / loss of the principle is required to operate safely.
thank you.