Saturday, September 25, 2021
BTC Markets continues to recover, which is the main idea in a review yesterday. The movement to the top rushing towards the resistance area of $ 44,900, where there is resistance dynamics is important, represented by the moving averages-the 50 EMA of the time zone daily, with the closing price for which an asset starts to decline. The last increase of the value of the assets is not supported by an increase in trading activity, which indicates the possibility of the withdrawal of the city.
The idea to consolidate the bitcoin price of $42,800 — $44.600 still valid, the instrument of effort to go beyond the upper limit is not to succeed, so it is likely to see a decrease Fibonacci to limit lower - level 0,618 on 0,872. After that, I expect to see a rebound characteristics of the zones named with a continuation of the accumulation of assets with a price of $42,800 — $44.600, which would eventually lead to the upper limit of the trade - about $46,400.
ETH Asset is trading above the support level around $3050, the level of resistance is $3200. A drop of ether in the pair to the #BTC is 2.4% over the last 24 hours.
Twitter allows users to send donations in bitcoin, while this feature will be available for iOS users in the coming weeks will appear in Android (1).
Previously, it is possible to pay the author the content they like with a normal currency use payment systems like a traditional cash app from the service of the Square or Venmo, owned by PayPal. Now Twitter integrating a bitcoin wallet directly and also allows the user to add the identity of bitcoin directly to their profile. The Transfer will be made using the Lightning Network. The user can connect the Wallet Flash or connect a bitcoin address to send and receive transfers.
The commission Twitter will not be taken in any case.
In addition, representatives reported on Twitter that they experiment with the functions that allow users to identify and display their collection of assets NFT in social networks. The company did not say much about the new project, but said that it is another way to support creators of digital content.
Let me remind You that the founder of Twitter Jack Dorsey is one of the most well-known proponent cryptocurency, Financial, and technological investment of 5% of their reserves in #BTC, so integration platform bitcoin in microblogs is actually a time. In total, about 1.3 billion registered accounts on Twitter, I believe that the popularization of bitcoin among the audience is important enough to be speeding up the process of receiving keberangkapan eyes of the college community.
The launch of the program Medacoin (#MEDA) staking on the bank exchange due to # MEDA grow 40% (against the dollar).
News about the investment in the network Stratos (#STOS) by Funds Fundamental Laboratory increase the value of the # STOS with 35% (against the dollar).
U.S. stocks fell drastically Thursday, due to the strengthening of oil and gas, financial and industrial sectors. When closing the New York stock exchange, the Dow gained 1.48%, the S & P 500 index added 1.21%, The NASDAQ rose to 1.04%.
The value of the total capitalization of the market of cryptocurrency has not changed since days ago, show prolonged growth of Bitcoin by 2.5%, the dominance of bitcoin gradually began to recover, added 0.6%. # BTC is consolidating below the resistance level and this is possible will lead to the inland city of kriptokrasi main.
Daily reviews and thoughts on the market: 25 September
BTC Movement to the top, as expected in the preview yesterday, stopped by the level of dynamic resistance - the 50 EMA is of the daily timeframe. After that, the negative of the China speed up the correction in the entire market, at the current decline of bitcoin is 10% of the maximum day-to-day. Assets make the rebound characteristics of the border is lower than the channel bottom shows on the chart. The Bulls failed to overcome the level of the revocation of the Fibonacci 0,618 ($42,872), where bitcoin is currently consolidating.
There is a difference between price movement and trading volume, indicating the weakness of buyers, which increases the probability of a decline. Possible via a second attempt to storm the 21 EMA 3 H. the main scenario will be the worst hit back the level of resistance in $ 42.800, followed by a decrease of the border under the trade channels. Cancellation of the scenario when the price remains above the level of the correction of 0.618 by Fibonacci ($42.872).
ETH Asset had reduced its value in the pair to the #BTC per 1.15% during the past day. Ether consolidation above the support level - $ 2850, the immediate resistance around $3050.
The People's Bank of China had issued a circular in which it was expanding a ban on transactions with kriptocurrensi for business and recognize them as the financial activities of the illegal (1).
According to the regulator, the operation of any business using the instrument cryptocurency, as well as the activities of the intermediary associated with the exchange, the provision of information and services, is recognized as a financial activity is illegal in China. Violations may result in the obligation of the criminal. After the publication of this document, kriptokrasi the main and most of the altcoins go for a correction.
Chinese regulators also believe that the activities of the platform that provides the exchange of digital assets between themselves or for fiat illegal. This approach makes it impossible for more platform-counter that allowing the Chinese people to exchange fiat for cryptocurrency and participate in the industry. Exchanges such as Huobi, OKEx, and Binance has the same service.
It should be noted that the market's reaction to a ban on further from the death penalty of the Middle Kingdom is not as important as before. Exchange trading in kriptocurrency, do ICOs and other methods of issuing and selling tokens in China have been banned for several years. A new decree refers to the expansion of the earlier ban aimed at clearing the field for the introduction of the Yuan digital. I believe that the industry gradually began to develop immunity to the negative news from China, and the new restrictions will not be able to cause a significant shift in the market kriptokrasi.
Аль Altos: a New list of Results' Guild Games (#YGG) on the Binance exchange due to the growth of # YGG by 25% (against the dollar).
The launch of the protocol of the second layer (Layer-2) between the platform Deverifi (#DVF) and the exchange Bitfinex increase the cost of the #DVF by 20% (to the dollar).
News about the attractiveness of investment in the amount of $ 200 million by the project BitClout social network decentralization (#DESO) cause an increase in the price # DESO by # 18% (against the dollar).
The stock exchange US over trade mixed Friday, as the strengthening of the oil and gas, consumer services, and financial sectors. The conclusion of the transaction affected by the negative dynamics in the healthcare, telecommunications, and utilities sectors. At the closing of the New York stock exchange, the Dow Jones rose to 0.1%, the S & P 500 rose to 0.15%, the NASDAQ declined by 0.03%.
The total value of digital assets has fallen by 4.2% in the last 24 hours, Domination kriptokrasi main has decreased by 0.5%. It is likely to see another improvement impulse for #BTC in the area for $ 40.000.