Good follow-up.
Bitcoin has now reclaimed $64K, which was the key level to watch.
The next question is whether bulls can hold it as support.
If they do, $65.7K remains the next area on my radar.
What's also encouraging is that macro conditions are starting to improve, so both the technical and macro picture are beginning to align.
Now let's see if $BTC can follow through. 👀
Via @coinexcreators
BREAKING: Axios reports that the US, Iran, and Oman are close to reaching a deal on the Strait of Hormuz, with an announcement expected TODAY.
Inbound traffic would use the Iranian lane, while outbound traffic would use the US-backed Omani lane.
Iran would waive the $2 million per-tanker fee, previously payable in Chinese yuan or Bitcoin.
The strait is currently seeing almost NO shipping traffic.
$BTC is back above $64K
Now the real test begins
If bulls can hold this level, $65.7K is next on my radar
What's even more interesting is that macro conditions are starting to improve too
When technicals and macro align, I pay attention
Let's see if BTC can follow through 👀
$BTC still hasn't made its move.
Price is holding inside a descending triangle, while the Ichimoku cloud continues to keep the pressure on.
The longer this range lasts, the bigger the next move could be.
I'm watching for confirmation, not guessing. 👀
$DOGE is flashing something we don't see often.
• 90% below its ATH
• 3-year low at $0.067
• Monthly RSI is more oversold than the 2022 bottom
Capitulation... or the start of a reversal?
🚨 Bitcoin is getting close to a big moment.
$BTC has reclaimed the $62.2K support and is now testing a key descending trendline.
A clean breakout could give the bulls back the momentum.
Until then, this is the level I'm watching the closest. 👀
This is unusual.
At 8:00 a.m. ET, Michael Saylor announced that Strategy had sold 1,637 $BTC, worth approximately $102 million.
Following the announcement, Bitcoin surged 2.5%.
The market appears to have become numb to Saylor’s selling and other negative headlines.
$BTC has been ranging for weeks now.
The 2 key levels are $67,000 and $59,000 now.
Reclaim $67,000 and Bitcoin could rally to $74,000.
Lose $59,000 and BTC will drop below $55,000.
When I say “Never Sell Your Bitcoin,” I speak as one saver to another. I have never sold mine. Not one satoshi. Strategy is a public company, not my wallet. Since 2020, it has disclosed it may buy or sell $BTC to manage capital. Our shared conviction in Bitcoin remains unchanged.
Bitcoin is trading around $62.9K, and the battle is getting interesting.
Bulls continue to defend the $63K area, but $64K is still the level that really matters.
A clean break above $64K could open the door to $65.7K.
If $63K gives way, $61K becomes the next key level to watch.
A decisive move looks close. 👀
Which way do you think $BTC breaks?
Via @coinexcreators
It's funny how we trust decentralized networks with our money...
But still rely on centralized platforms for communication.
Maybe it's time for that to change.
That's one reason @Liberdus has my attention.
A decentralized approach to communication is an interesting direction to watch.
#Liberdus $LIB
When someone mentions crypto, most people instantly think about trading.
Buy.
Sell.
Repeat.
I used to think that too.
But the more I learned, the more I realized crypto is much bigger than trading.
There are also earning products designed for eligible users who want to use supported digital assets under specific product terms to receive rewards.
One example is Binance Simple Earn.
It offers Flexible and Locked products, and each serves a different purpose.
Flexible products usually give you more freedom to redeem your assets.
Locked products usually require keeping your assets committed for a fixed period.
The important part isn't chasing the highest reward.
It's understanding how the product works, when you can redeem, what the rules are, and the risks involved.
I've learned that the best crypto decisions come from understanding first, not rushing in.
In the end, knowledge is still one of the most valuable assets you can have in crypto.
#Binance #BinanceAcademy #LearnWithBinance
The more I read about @liberdus, the more I like the vision.
It's not trying to be another copy of what's already out there.
It's building a network where messaging, payments, and privacy come together.
Definitely a project worth watching. 👀
#Liberdus $LIB
Most blockchains focus on payments.
@liberdus is building something bigger.
A network where you can send money and private messages in one place, while staying in control of your own data.
That's the kind of vision Web3 needs. 👏
#Liberdus $LIB
$XRP is looking extremely oversold right now. 👀
• 72% below its ATH
• Touched a 2-year low near $1 last month
• Monthly RSI is even lower than during the 2020 COVID crash
History shows extreme fear can create big opportunities.
Do you think the bottom is finally in?
Via @coinexcreators