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Bitcoin (Cryptocurrency)

What does Twitter rebrand to X mean for DOGE ?! Will DOGE be added to X ? Elon has been very public about his like of DOGE. He almost couldnt have been more vocal about his thoughts on currencies. He has even gone on places like SNL to get across his opinion. Almost like forward guidance. DOGE can offer a lot of positives for X and Elon. What can DOGE do for Elon ? Digital platforms want to create or have significant influence over a token//coin//currency of their choice. This allows them to cut out middle men and gain benefits of such things as king making custodians. erand sellers can interact on these platforms and incentives can maximize that. With Elon already taking a position in DOGE and DOGE already being a previously existing financial product.. it can offer serious upside for Elon. Unlike Libra//Diem.. DOGE does not come with as many costs. Almost outsourced by acquiring a stake in a preexisting brand. Yet still offers the benefits of a payment product within a wall garden. Is this the next trend ? Elon has set off basic trends before like with the layoffs during rate rises. I believe that the incentive model is there for corporations to want to pivot to financial marketplaces. Or be a closer part of a network that is. Almost to the extent that a Digital USD is a layer 0 for markets to compete to build their own layer 1s. Or of course choose someone else's layer 1. I think this leads to a McDollar as the cost and settling for recurring customers demands digital currency optimisation demanding in place(s) of customer purchasing. This does mean centralising of banking sector and the banking sector pie shrinking as middle men are reduced to with a more int. scale.. but the deflationary impact has benefits for the customers too. When ? Not overnight. There is time for many to stumble and fall like Zuckerberg has. The DOGE positioning does offer somewhat of a head start but this hypothetical transitioning will take time before seeming to flip. We do have a strong narrative building for DOGE as we come into bitcoin halving and US elections. Large institutions do seem like they want to make crypto common place and their is social political demands for relief if wanting to dilute descent from norm.
Long
by CryptoCheckGroup
4
Bitcoin -> No Bullrun Now?Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪 A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected. Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows - however we could see a short term rejection away from the current resistance zone but eventually I do expect a bullish break as well. You can also see that Bitcoin now broke below the previous daily support and is therefore now in a bearish market so I am simply waiting for a break back above the structure and then I do expect the overall bullrun to continue. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
BITSTAMP:BTCUSDLong
by SwingTraderPhilTV
33
Hawkish FOMC, new extension lower for BTC, or?Bitcoin analysis with FMOC to come Today's focus: Bitcoin Pattern – Support break Possible targets – 30,345 US – 27,500 DS Support – 29,092 minor Resistance – 30,344 – 31,360 With the FOMC coming out tomorrow morning and rates expected to rise by 25 points, will we see straight sets with the Fed still remaining hawkish? With Bitcoin looking rather vulnerable at the moment, could that set up a new push back to the main trendline? Or if the Fed is more dovish, could that reignite buyer interests and move price back above the 30k level? Bitcoin broke support recently, and the worry for us is that the market could be looking for any reason to continue lower. A stronger USD could just be enough. That’s the primary point of discussion in today’s video update, but we have also put in mentions of the USD index and gold as they both sit in inappropriate situations atm, with the USD starting to struggle in its comeback rally while gold continues to push at a new continuation. Have a great day and good trading.
BITSTAMP:BTCUSD
by Eightcap
What can BTC price tell us about BLACKROCK etf chances ?News of blackrock and traditional finance filings for bitcoin have been taken as if they'll be a simple clean process to success. Perhaps it will be smooth sailing. I do think theres a decent chance for it to be a rockier road than many are currently thinking. This gives time for the process to influence btc and crypto prices in the meantime. Should a roadblock be hit it seems likely that it will cause pressure to the downside. Personally I do not think this is the worse thing. Maybe even a good thing. There is a large range open to price now (roughly 15k to 60k us$). Holders and traders alike need to be prepared for movements within this range as there is plenty of time till halving. As always will keep an eye out for emerging news // information // data. Thanks for reading and give us a like and follow for future posts. GeorgeOnTv
by CryptoCheckGroup
2
BITCOIN: Updated chart and LevelsBitcoin has lost some of it's shine as XRP wins a battle against SEC. In the meantime there are plenty of news that i cover in this video, most being more negative than positive but that's ok. Remember: BTC tends to Pump on systemic risks. Remember what happened with banks earlier this year. Everything is very quiet and Nasadq rises (as expected) these days but BTC will catch up times many with the first 'systemic lightning' and those remain plenty! It's a video so.. enjoy watching it. Links: cointelegraph.com www.cnbc.com www.coindesk.com www.theblock.co whale-alert.io One Love, The FXPROFESSOR
Long
by FX_Professor
1