Forwarded from Coach
Weekly Crypto performances.
1.💰 Bitcoin : 3.51%
2.💰 ETH : -0.62%
3.💰 BNB : 6.26%
4.💰 XRP : 2.49%
5.💰 Cardano : 6.20%
6.💰 Doge : 5.84%
7.💰 Polygon : 18.42%
8.💰 Solana : 5.60%
9.💰 Polkadot : 5.86%
10.💰 Litecoin : 9.20%
🥳 @Coach
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🇳🇬 The price of one Bitcoin in Nigeria has skyrocketed to the equivalent of $38,000 in the local currency, the naira, which is more than a 60% premium over the current market price of $BTC.
Reason: the Central Bank of Nigeria has continued to impose limits on ATM cash withdrawals amid an ongoing effort to accelerate its shift to a cashless society.
Nigeria is leading the "How to buy Bitcoin“ search worldwide 🔥
@bitcoins
Reason: the Central Bank of Nigeria has continued to impose limits on ATM cash withdrawals amid an ongoing effort to accelerate its shift to a cashless society.
Nigeria is leading the "How to buy Bitcoin“ search worldwide 🔥
@bitcoins
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Forwarded from Coach
🔳 Digital asset investment products saw US$117m inflows last week, the largest since July 2022, while total asset under management (AuM) have risen to US$28bn, up 43% from their November 2022 lows.
🔳 The focus was almost entirely on Bitcoin, which saw US$116m inflows last week, although there were also minor inflows into short-bitcoin of US$4.4m.
Source: Digital Asset Fund Flows Weekly Report by CoinShares
Follow @coach for more crypto insights 🔎
#Coach_Educates
🔳 The focus was almost entirely on Bitcoin, which saw US$116m inflows last week, although there were also minor inflows into short-bitcoin of US$4.4m.
Source: Digital Asset Fund Flows Weekly Report by CoinShares
Follow @coach for more crypto insights 🔎
#Coach_Educates
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Bitcoins
#BTC Let's adjust the trend lines from the Bullish Pennant, shall we? There's nothing new to add until it breaks this consolidation either way. https://www.tradingview.com/x/Mpnsqb3f/ @Bitcoins
#BTC got rejected on weekly OB and is now retesting support, there's also an OB (Order Block) on daily and 100 MA on 4H to hold the price.
RSI is looking quite good on several time frames presenting bullish hidden divergence.
Ideally we'd like to see a sweep of the lows, about 22300$, since this fits for a range, trigger that liquidity and reclaim 22600$ - 22900$ support, that would be a solid long IMO.
In case 22600$ - 22300$ won't hold, immediate support is 21746$ (21 MA on daily), where it would be a bullish retest of the diagonal trendline from top that BTC have broken out, also a long possibility.
We'd still be quite bullish down to 20k - 18k, so I'd rather wait for a long than force a short.
@Bitcoins
RSI is looking quite good on several time frames presenting bullish hidden divergence.
Ideally we'd like to see a sweep of the lows, about 22300$, since this fits for a range, trigger that liquidity and reclaim 22600$ - 22900$ support, that would be a solid long IMO.
In case 22600$ - 22300$ won't hold, immediate support is 21746$ (21 MA on daily), where it would be a bullish retest of the diagonal trendline from top that BTC have broken out, also a long possibility.
We'd still be quite bullish down to 20k - 18k, so I'd rather wait for a long than force a short.
@Bitcoins
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🔎 On January 9, Nigerian citizens were banned from ATM withdrawals of more than 20,000 Naira (about $43.50) per day, and the weekly limit is 100,000 (about $217). Because of this, the price of 1 BTC on the Nigerian crypto exchange NairaEX grew to 17.7 million Naira, approx. $38.6k.
📊 Meanwhile, Google trends show a spike in interest in Nigeria to buy Bitcoin.
Are there any @Bitcoins subscribers from Nigeria🇳🇬? Show yourself!
📊 Meanwhile, Google trends show a spike in interest in Nigeria to buy Bitcoin.
Are there any @Bitcoins subscribers from Nigeria🇳🇬? Show yourself!
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