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🛎Crypto News, Bitcoin Analysis, IDO Sale Info, Project Overviews, Altcoin Signals. ▶️ Discussion Group : @CryptoCoin_TamilD
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Bitcoin Pizza Day - 22nd May
🔹 On this day 12 years ago, a man🙎♂ paid 10,000 Bitcoin for two pizzas🍕.
Today, 10,000 BTC is worth of $294M.
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BicycleFi IDO is on 8 Launchpads
🔹 People who missed Whitelist allocation can participate in airdrop👇
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BTC/USD (1 Week Chart)
🔹 This update is not this week or May month. It's Bitstamp chart from 2015.
🔹 Bitcoin is going it's Major SUPPORT AREA - 200 MA in weekly chart.
🔹 Since 2015, Bitcoin is following this chart 200 MA playing an important role.
🔹 If market goes sideways for few days. We can around 20,000$ - 22,000$ in few days
🔹 When it's reaching 20,000$ there will immediate dump in the market to liquidate. Check the previous Volume when it comes to 200 Day MA.
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Person opinion:-
🔹 After the sale goes live, only 151 address bought the NFT.
🔹 Minimum NFT to buy is 3. Overall the price looks high. There is no partnership news till now.
🔹 Project is focused only on selling NFT. There is no update about native Token. But good news is there App is in beta test which may be live soon. Exact copy of Stepn App.
🔹 I'm waiting to see how public sale goes
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⚡️Cycgo Whitelist Sale⚡️
🔹 Sale Time:- Till Tomorrow 10.30 AM
🔹 Whitelist Winners:- Link
🔹 I already reviewed the CycGo project. Minimum purchase is 3 NFT for 1.5 BNB
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US Dollar - DXY
🔹 After a big rally, US Dollar starts to dump and Gold starts to pump this made a relief to Crypto Market. Main reason for today Pump.
🔹 DXY having a next support at 102 and 100.8
🔹 RSI support is also broken in daily candle. We may see a small correction in DXY upto 100.8
🔹 In this time crypto market can make upward rally
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BTC/USDT (4hr chart)
🔹 Bitcoin Trendline line support is broken once again😔😔.
🔹 Currently at 29,000$ support. If this support loses we can see next dump.
🔹 Bulls are not trying to push up the market. Moving Average are also acting as resistance
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Bitfinex - Longs
🔹 In weekly chart Bitfinex Longs last week increased drastically after the dump.
🔹 After the last week dump, Shorts are less compared to Longs
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⚡️Stepn latest version is live⚡️
▶️ Stepn latest version 0.6.6 is now available with newly added features including:
◾Added 2FA
◾Optimized Profile setting
◾Added GST daily cap increase option
◾Added transaction history in Spending account
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BTC/USDT (4hr chart)
🔹 Bitcoin made a breakout with small volume happened just because to close weekly candle above 31,000$ - Bullish Sign✅
🔹 In 4hr chart, as we said earlier touched 50 Day EMA and dumped.
🔹 Current support is around 29,000$ & Monday is always dump
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BicycleFi Community Update
🔹Link:- https://kingdomstarter.io/launchpad-detail/bicyclefi-1#
🔹 Time:- 10.30 AM - 16th May
🔹 Connect wallet in BSC Network
🔹 Community allocation is 40$
🔹 Only 500 members will be able to buy - FCFS
🔹 Whitelisted Address:- Click Here
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New Project:- Menzy
🔹 Menzy is Move2Earn project with mobile camera and gps for earning $MNZ
🔹 Outdoor activities like Running, Squats, Dancing, skipping, boxing.
🔸Features:-
📌 Menzy Move
📌 Menzy Step
📌 Menzyverse
📌 Menzy Wallet
🔹 TGE Market Cap:- $438,648
Twitter:-
Website:-
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BTC/USDT (4hr chart)
🔹 Bitcoin failed to breakout the resistance and 20 Day EMA also acting as resistance.
🔹 Breakout happenes next resistance is around 50 Day EMA - 31,500$
🔹 Need a big volume in market to breakout 20 Day EMA.
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Long-Term Review on BTC
🔹 Looking at Bitcoin in weekly chart. Moving between the Support and Resistance Area.
🔹 In 2021 we faced same dump in bitcoin and recover within 5 months to reach ATH.
🔹 Comparing the history, after this dump Bitcoin may pump and reach ATH within 5-6 months
🔹 If the support is broken it's not valid chart. I'm not a financial adviser #dyor
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⚡️BicycleFi Winners List⚡️
🔹 Link:- https://docs.google.com/document/d/1V_atCqKhZcgwRjPw0Ll5MuyJWA6wf34UJPtCX5vTHKY/edit?usp=sharing
More updates will be posted in due Time
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