💰 #USDT #Tether depeg is usually a Bullish Mid-Term sign for 💰 #Bitcoin🚀

We recovered after FTX Collapse📈
We recovered after US Regional Banks Bankruns📈
We recovered after SEC📈

Now I also expect a recovery in the mid-term. However short-term we might see some bearish behavior, just do not panic❗️

Click here to learn more

#Bitcoin - Structure of the cycle - We are in Phase 1 of the registration cycle.

Click here to learn more

Despite years of hoopla, #cryptocurrencies, and #Bitcoin, in particular, is a relatively new asset.

Not surprisingly, the Bitcoin market has struggled with an identity crisis.

Click here to learn more

#GNS bulls are fighting with the high of June 5th's large bearish weekly gap.

Resistance exists at $4.6540, where bears rejected bulls on the daily chart on August 3rd. This level could continue to hold down bulls if traders sell the news of Monday's release.

Click here to learn more

It is necessary to change our urgency for patience.

If we look at #Bitcoin on a quarterly basis we can clearly see that it is only necessary to break the resistance at $34658.10 to really start an extremely bull market.

Click here and read the complete denoscription

Tipping period is likely very close based on the following on-chain datasets; we will have a basis for assessing the current situation. #Bitcoin.

"FUDs emerge during slow periods and affect sentiment; continuous data monitoring is vital."

Click here to learn more

Active addresses on #Ethereum rose 10% over the week, but remained under 500K per day on average.

Activity on #Ripple rose, with active addresses and transfers spiking. #DeFi tokens remained active as well, including #CRV, #AAVE, #UNI, and #COMP.

Click here to learn more

Historically speaking, August and September are the worst months of the year for #BTC price.

From 2011–2022, August has seen positive performance for BTC only five times, with the other seven months being in the red. September is even worse with just four out of 12 months seeing positive performance.

Click here to learn more

Right now #Bitcoin is giving a buy signal in the short term and for #intraday. But we see strong resistance above $30123.89. In our case we only observe the development of what could be the 3D reversal wave.

Click here to learn more

Support Levels for #Bitcoin:

STH Realized Price = 28.1K
STH 1m-3m Realized Price = 28K

Click here to learn more

Trading volume on #spot #exchanges has decreased tenfold since March 20th to 1.1B, which at the current exchange rate is equal to 37K #BTC.

Such a level is not considered critical; prior to 2020, the current volume was considered large.

Click here to learn more

#LINK token of the Web3 service platform, Chainlink, at the beginning of the week last Monday, had a price of USD 7.21. However, its price increased to USD 7.8 in the morning hours of today, August 9.

In this period, the LINK price increase was 8%, although in the last hours the price of the token has decreased slightly to USD 7.7, according to data from #CoinMarketCap.

Click here to learn more

More Forex And Crypto News here https://social.wubits.io/share/invite?rid=63dffbc796acc11510f0903b&utm_source=link - join now!

#RocketPool (#RPL), the governance token of the eponymous staking pool, went from trading at $26.35 to $28.70 in the last 24 hours, an increase of more than 10%.

In this way, it was positioned among the crypto assets that showed the most gains in this period, even despite the fact that its price, subsequently, slowed down slightly.

Click here to learn more

The price of #THORChain (#RUNE), the native currency of the network that bears the same name, has risen more than 13% in the last 7 days.

With such appreciation, it was established as the second crypto asset with the highest earnings of this period, within the ranking of the 100 with the highest capitalization.

Click here to learn more

#Bitcoin #BTC #BTCUSDT #BTCUSD continues to define its trend in terms of #liquidity. There was an attempt to break the resistance at $29991.52 on August 8, but the net strength was very fragile.


Really, the futures market and other derivatives have made a market that was extra volatile at the mercy of the institutions.

Click here to learn more

#Q2's relatively strong earnings season roared on, with key mega-cap tech, travel, biotech, and consumer discretionary stocks mostly beating expectations. #Bitcoin #Fidelity.

In #economic #data, Friday's nonfarm payroll update revealed less-than-expected job growth in July, clocking in at an increase of 187,000 jobs versus an expected 200,000.

Click here to learn more

#Ether quarterly futures are popular among whales and arbitrage desks. However, these fixed-month contracts typically trade at a slight premium to spot markets, indicating that sellers are asking for more money to delay settlement.

As a result, #ETH futures contracts in healthy markets should trade at a 5 to 10% annualized premium — a situation known as contango, which is not unique to #crypto #markets.

Click here to learn more

It was a quiet week once again in crypto markets.

#Bitcoin was largely unchanged, up 0.4%, even as declining inflation data provided a midweek jolt to risk assets.

#Equities were down on the week as the bump provided by Wednesday’s #CPI reading was short-lived.

Click here to learn more

#Bitcoin Market Overview Following #On-Chain Data On #CryptoQuant

Let's analyze the current situation in the cryptocurrency market using on-chain data.

Read More: https://www.publish0x.com/rubikkav/bitcoin-market-overview-following-on-chain-data-on-cryptoqua-xdkyxwn

The great tetherization of the futures market:

The percentage of OI futures backed by #crypto (as opposed to stablecoins) has decreased from 70% to now just 23%. Why is it important?

If you buy #Bitcoin/ #ETH with Bitcoin/ETH as collateral and the market goes against you...

Click here to learn more