​​1 Bitcoin is worth more than 1 kilogram of gold.👀

​​#BTC_Update

i have marked my key levels on the chart, there is a fib extension with historical value at 58300 that might create some kind of blow off top or distribution, I believe 60k area is a very likely area for BTC top consolidate and correct as a major psychological level above 50k. Not going for any shorts, only looking for a break of structure to short.

Around 55900 CME gap will close, this is also a Daily support level so I would be eager to catch longs in this area. 55230 is what we don't need to break otherwise a bigger correction is coming.

Plan would be to buy dips towards 55900

​​CryptoCom will launch mainnet of its own chain on March 25. Recently renamed to CryptoOrg Chain, it is a proof of stake (PoS) consensus protocol that utilizes Cosmos SDK and the Tendermint.

​​AntiMatter Finance has closed $150K seed round. NGC Ventures, Spark Digital, Morningstar Ventures and Monday Capital are among investors. AntiMatter is a lightweight on-chain and cross-chain DeFi perpetual options protocol based on a polarized token mechanism. TGE is expected in March this year.

​​KuCoin will list Oraichain Token (ORAI) on February 23. ORAI/USDT trading pair will go live at 10:00 AM (UTC). Oraichain is AI-powered oracle platform.

​​Some of the upcoming token generation events you should know about.

​​$BTC perpetual futures open interest hit an all-time high in spite of the dip.

​​Before the dip, there were significant $BTC inflows into all exchanges, mostly Gemini.

​​📉 Daily Bitcoin chart review 📈

Week candle closed very bullish. But the volume gained on the night dip is smaller than what we saw on February 8th and 16th spikes - sign that price may need lower correction to find liquidity. One of the nearest zones where that liquidity can be found while trend remain bullish is at 53500-54000 support. Next at ~52k. Also there is bearish divergence visible at smaller timeframes. Another pro for pullback. Nevertheless while within uptrend shorts are dangerous. But having long orders at 52k and 48k is a must.

​​Max Keiser: Bitcoin Could Increase By 4,000 Percent

Bitcoin bull and market analyst Max Keiser has issued a massive price prediction for bitcoin.

Wall street veteran and long-time bitcoin supporter Max Keiser predicted bitcoin could increase by 4,000%.

He said The reason why Bitcoin is skyrocketing is because there’s hyperinflation in America.

Keiser cited hyperinflation for U.S. dollars amidst ongoing stimulatory proposals that would see the Federal Reserve printing trillions in new fiat.

#dailynews

​​RAMP to launch liquidity mining on Binance smart chain through JulSwap. A RAMP-BUSD liquidity pool shall be launched on JulSwap. Users who provide liquidity for the RAMP-BUSD pair on JulSwap can earn both trading fees and JULD tokens. ETH-BSC Bridge integration into RAMP will be ready later this week.

​​EasyFi parters with Clover to bring Polkadot-based assets to L2 money markets. EasyFi will work with Clover to build a parachain bridge for Polkadot-based digital assets that will allow EasyFi to expand to and leverage the Polkadot ecosystem and enlist DOT-based assets as collaterals.

​​Playcent will have a token sale on Poolz IDO platform on March 6. There will be two pools open, one for the public participants and another for Poolz Token (POOLZ) holders. The whitelist form is the same for both pools. Whitelisting is already live.
Playcent is a blockchain-powered template based platform allowing developers, gamers and creators to monetize their skills.

​​Bitcoin reaches 10% of gold's market cap.

​​Over $2 billion worth of positions got liquidated in the past 1h.

​​So is alts season over? Without that day candle closed we can't be sure. If it will be pushed back up this may result in another leg up as it was after 15th February. In theory.

But without theory and waiting for candle to close I feel bearish. I think alts season is over and bull run most alts experienced is over for some time. I'll hodl for the bounce, and flip into shorts. Expect March to be red. Final target for Alts Index at 1650

​​Dusk Network to enable security token-based financing for business accelerator Investor Ready. According to the blog post Investor Ready’s clients will be using Dusk Network to issue security tokens, raise funds and access the wider range of security token benefits.

​​Bitcoin drop caused a record liquidations of over $4 billion derivatives positions. BTC price fell below $47k today on some exchanges before swinging back to $52K.

​​Ethernity Chain will have a public sale via Polkastarter on Match 8. Details and token metrics TBA. Ethernity Chain has raised undisclosed amount during private sale from Black Edge Capital, Morningstar Ventures, Spark Digital Capital, Woodstock, and Genesis Block Ventures a week ago. It is a digital platform that produces authenticated non-fungible tokens (NFTs).