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Message of the day
Titan of Crypto: Bitcoin Begins Bull Market
According to a leading analyst who calls himself the Titan of Crypto on Twitter, the price of Bitcoin indicates the start of a bull market. Bitcoin follows the patterns of previous BTC price cycles down to the last detail. According to Titan of Crypto, we are approaching the ideal time for a rapid increase in value. An analyst nicknamed Mustache is also bullish on BTC price development, seeing a monthly candle close above the 20-month SMA. At the time of writing the summary, the price of BTC is holding above the $30,000 level. [1]
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Analyzes and markets
20/07/2023 Analysis – Bitcoin faces strong resistance from sellers
Bitcoin has had quite a setback in the past week. The weekly candle is a sign of still strong resistance on the part of sellers, which can logically result in taking the initiative. Although the bitcoin rate is still within the narrow lateral band, or rather at the lower limit, I still maintain that the breakthrough will happen rather very soon.
19/07/2023 Market overview – Deteriorating credit conditions as the biggest problem for the US economy?
Bitcoin drops to $29,500 and drags altcoins down. Major US stock indexes, including the S&P 500, are credited with further significant gains. Is this the start of a new bull market or are we entering another speculative bubble?
You can follow the current overview of all cryptocurrencies under the attached link HERE.
Cryptocurrencies and cryptocompanies
DeSantis: If I’m President, I Will Abolish CBDC
US politician and Florida Governor Ron DeSantis has come out strongly against central bank digital currencies, known as CBDCs, in his latest speech. DeSantis promises radical measures if elected to the presidency.
Robert F. Kennedy Jr. promises to use bitcoins to support the US dollar
Election campaigns are in full swing in the United States. In addition to traditional political statements, new topics are also emerging. Someone wants to disrupt central bank digital money (CBDC) and Robert F. Kennedy Jr. (RFK Jr.) in turn to strengthen the dollar with the help of Bitcoin.
Whales and sharks continue to accumulate bitcoins
For most, the cryptocurrency market may seem rather boring in the last month. The price of Bitcoin is in the range of $30,000 to $31,000. But it is obviously still a very interesting price level for sharks and whales. In a month, they managed to accumulate another 71,000 coins in their wallets.
SEC Chairman Gary Gensler ‘Disappointed’ by Ripple’s Win
SEC Chairman Gary Gensler spoke publicly for the first time (since the publication of Ripple’s landmark partial victory against the regulator). As expected, he is not really happy with the verdict.
Telegram CEO Reveals He Holds Some Cryptocurrencies – Which Are They?
Telegram founder and CEO Pavel Durov revealed that he himself owns some cryptocurrencies. Specifically, they are Bitcoin (BTC), the largest cryptocurrency by market capitalization, and TonCoin (TON).
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2023-07-20 18:00:19
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