​​Daily Bitcoin chart review 📈

So far Bitcoin moves within uptrend and even draw a hummer candle at support which is a bullish sign. But now it is under 9750 SR and so uptrend is getting weaker. CME Futures closed at 9800, so wherever weekend volatility will take the price, 9800 will be Monday target. Everything else stay the same - 9975-10100 is nearest strong resistance and 9444 / 9250 is nearest strong support. Sharper dump may take it to 8900-8700.

Resistance: 9750 - 9970 - 10100 - 10240
Support: 9600 - 9444 - 9222 - 8900 - 8700

@CryptoWorldTina

​​⁠Blockchain to Disrupt Music Industry and Make It Change Tune

Blockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists.

​​Coinbase wants to sell blockchain analytics software to two U.S. government agencies - the U.S. Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS).

​​Once again, when it takes too long it usually goes up again (during this uptrend past 2 months).

Good chance, since its weekend, we get somekind of ugly triangle, as i have shown on the right. There is another resistance for the bulls, that is the breakout level of that trend line which is around 9750.

Another common thing lately, is making channels, so also something to keep an eye out for, in case we pump but get resistance around 9900/10000.

Think 9400ish is a big level as well for the bulls, but think key level is still the 9300ish. But i have to say it once again, something we have seen a lot past 2 months, if a key level breaks, if the drop is slow, small and low volume, BIG chance it will just go up again.

Don't forget it's weekend,

​​Ethereum Remains 82% Down From ATH, While Bitcoin Trades Halfway To Record

Ethereum continues to struggle with resistance at $250, much like Bitcoin fails to hold above $10,000 per BTC.

Ethereum, however, remains down 82% from the asset’s former all-time high set, while Bitcoin sits pretty at nearly a full 50% recovery. The asset set the record just as the crypto bubble began to burst in January 2018.

The price per ETH token then collapsed to as low as $80. Current prices represent an over 200% return, but another 475% would be needed to get back to the record of over $1,400.

The upcoming ETH 2.0 launch, a massive surge in the growth of decentralized finance, and general bullish sentiment surrounding the altcoin caused a powerful, nine-week-long rally to kick start the new year, but Black Thursday sent ETH prices tumbling back toward lows.

@CryptoWorldTina

​​#NEO UPDATE (requested)

Overall it looks good, but some correction is quite possible to happen. There are two main levels: 1200 sats and 1140 sats. If the first one is broken, we would see the price at the second one. Technical side of this coin looks good.

@CryptoWorldTina

​​This confirms what many had already suspected... #Bitcoin’s price is not fully reflecting the halving yet.

Once investors realize that the stream of selling pressure from miners has virtually evaporated, $BTC could see some serious upside. 📊

@CryptoWorldTina

​​I am still not sure of that red trend line, but think it does have some value. Kept moving towards it like a magnet, which could look like a retest, but when it takes too long to bounce up it usually is a sign of weakness (why i said the other day that normally i would short this blindly).

Anyway, its dropping now, but once again slow dropping in steps. Each time bouncing up, as long as that happens, there is a chance it moves up again. Normal drop with a normal bear flag, is like part of history.

Now as long as it stays above 9400ish, it could be a basic higher low. In other words, think as long 9300 doesn't get touched, bull still have a good chance. 9300 is still the key level i think. For the bulls, think i would only get scared if you see a 300/500 point dump through 9300.

So at the moment it looks that the bears in slightly in favor, but bears have lost almost all the fights lately. Still Sunday, so we could see some sudden moves, just be aware 📈

@CryptoWorldTina

​​MTL/BTC 📈

Technically looks good, but it is not the main case why we bought this coin. We all know that this is a pure pump&dump coin and now after a long pause they turned on trading bots. Usually after this coin is pumping.

@CryptoWorldTina

​​Ankr launched node hosting solutions for TomoX and Elrond. Users can now deploy TomoX nodes and launch their own Decentralized Exchange in minutes and run it on the Ankr platform. Eariler today Ankr has entered into a strategic partnership with Elrond to enable easy and affordable node deployment for Elrond mainnet nodes on the cloud platform.

@CryptoWorldTina

⁠Coinbase Exchange Inaccessible Due to 5x Traffic Spike During Bitcoin Surge

According to Coinbase, the exchange’s autoscaling couldn’t keep up with a 5x traffic spike experienced during a Biyvoin price surge to $10,000.

​​BTC DOMINANCE

It is located near the strongest support level. Reversal soon..? Very possible. Be careful with alts, don’t hold more than 20% of your money in this market area.

@CryptoWorldTina

​​Buying $WTC here!

@CryptoWorldTina

​​Ankr has enabled PCHAIN public node hosting on its platform. Both PCHAIN’s Candidate nodes and Bidder nodes can now be deployed through one-click node hosting solutions. Ankr and PCHAIN are launching a joint campaign: one month of free hosting and a shared delegation pool of 3,600,000 PI for the first 36 newly Ankr hosted candidate nodes.

​​Bitcoin Balances on Exchange Wallets Hit a 1-Year Low

As of June 7, exchange wallets held 2.31M of Bitcoin, setting the 1-year low.

The last time when Bitcoin balances on exchange wallets sat at the 2.31M zone was on May 18, 2019.

@CryptoWorldTina

​​The BiLira company will launch TRYB, a stablecoin backed by the Turkish Lira, on AVA during the mainnet release. The BiLira company is a stablecoin provider with 1,500 users and 14 million tokens in supply. According to the recently released blog post TRYB was limited to the Ethereum blockchain as an ERC-20 token and will be offering its users more scalability on AVA mainnet.

​​BTC BRIEF

The previous (SHORT) setup is still valid. Also, $9570 level proved itself. We're in position.

@CryptoWorldTina

​​RiveX (RVX) introduced its staking program League of Stakes with up to 62% APR. The League of Stakes model comes with a unique mechanism called the Stake-to-Burn mechanism. RiveX will be burning the same percentage for the amount of RVX from the Ecosystem Fund based on the total RVX staked. Users will be able to unstake their assets at any time.

​​⁠Bison Trails Adds Support for NEAR Blockchain Protocol

Libra association member Bison Trails aims to offer users the opportunity to participate in the NEAR network.

​​QSP vs ADA

Recently ADA made a huge upswing after a decent accumulation in a sideways range. QSP has been doing almost the same with one difference - it hasn’t broken out of the consolidation range yet

📌Does it have to pump exactly like ADA? No, but but this is definitely something to pay close attention in order not to miss it

@CryptoWorldTina