Good morning! ☀️
Continuing to track the Wave C down on #BTC for what could be the last couple waves left of this correction!
This is getting a little messy towards the end here as expected.. I say this bc it appears 5 full waves have already formed [.618 $103.7k] but the RSI is not showing a bottom confirmation yet! This level could serve as short term support and bring lots of confusion.
In order for #BTC to reach its critical level [$94.1k] to end the correction, its going to need an impulsive BEARISH drop soon to clear these levels and reach that full target. This drop can happen AT ANY TIME and go very fast. Currently watching that level at $103.7k closely- breaking that down could be a good indication that the drop is starting.
Just sit tight with your orders [$99.7k + $94.1k] and let the market do the rest.
#CryptoMarket #CryptoTrading #Crypto
Today, Ripple is breaking into the $120T corporate treasury payments market with the $1B acquisition of GTreasury.
The past few years have reminded this industry why payments, first and foremost, is THE primary use case for crypto and blockchain. Payments are where Ripple first started for exactly these reasons – the infrastructure is complex, siloed and inefficient, but as we know, perfectly positioned to benefit from decentralized financial technologies.
Astounding amounts of cash are trapped in outdated payments systems, creating friction, unnecessary costs, and barriers to entering new markets. GTreasury has been serving some of the most well known brands for decades – and now together with Ripple, we’ll be able to help CFOs manage all their assets, include stablecoins, tokenized deposits, etc at scale around the world, as well as put their idle capital to work with repo markets via Hidden Road.
The opportunity is here, and we’re diving right in. It’s happening!
https://t.co/GCXS6QqNqt