EVERYDAY DIGEST
(May 3, 2023)

▪️ Bhutan plans a $500 million fund for crypto mining in the Himalayas.
▪️ Mysten Labs' Sui activates mainnet, entering competitive Layer 1 space.
▪️ Balaji loses $1 million bitcoin bet as U.S. dollar fails to collapse.
▪️ Bitcoin-based token activity overtakes regular transactions on the network.
▪️ Binance USD stablecoin activity slides to two-year low.
▪️ Amazon NFT marketplace to launch this month.
▪️ Lisbon, Berlin, Paris among emerging crypto hubs in Europe.
▪️ Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings.
▪️ White House pushes for punitive tax on crypto mining.
▪️ Celsius Network seeks to fold U.K. affiliate into bankrupt U.S. operation.

@cryptosignals

https://www.tradingview.com/x/v1A3WWcw/

#BTC DAILY

its kinda Making H&S pattern with neckline around 27.1k. worst can come if it breaks daily below the neckline. Break daily above 30034 is the invalidation of the Worst

@cryptosignals

I am neither Bearish or Neither Bullish. I just Trade level by Level. Right now BTC is looking exhausted and printing Lower highs.

As long as it’s maintaining Lower Highs i am favouring correction to 25k - 24k - 22.4k.

Once in invalidates the Bearish PA on Daily i ll be bullish.

Market is Supreme u have to act accordingly

@cryptosignals

FOMC in 12 min, Expectation - 25bps hike

@cryptosignals

FED HIKES BY 25 BPS

@cryptosignals

This FED INCREASE BRINGS RATES TO 16-YEAR HIGH ...

@cryptosignals

FED'S POWELL SAYS THAT IT WOULD NOT BE APPROPRIATE TO CUT RATES THIS YEAR GIVEN CENTRAL BANK'S VIEW THAT IT WILL TAKE SOME TIME FOR INFLATION TO COME DOWN

@cryptosignals

https://www.tradingview.com/x/LIai7ywt/

#BTC

BTC Bounced after FOMC but still below Lower Highs, so thats why we should remain Cautious however BTC printed a Higher Lows around 27.8k which is good for Bullish Continuation as long as Price action is above 27.8k bullish Scenario can't be written off.

Two Scenarios are Brewing right now. what u think ?

🔥 Pump to 32K - 35K
👀 Dump to 25K - 22.4K

@cryptosignals

https://www.tradingview.com/x/NAExqlah/

#BTC finding resistance at Monthly open

@cryptosignals

https://www.tradingview.com/x/QbwSlSWm/

#ETH is up against resistance

@cryptosignals

https://www.tradingview.com/x/bZIVcLYP/

#DXY

Still Holding The Range Low while BTC,ETH,GOLD at resistance while SPX,NASDAQ already Correcting.

u know what's coming when DXY bounce?

@cryptosignals

https://www.tradingview.com/x/LkblLme3/

#ATOM

Atom Making Lower Highs but somehow holding Above the Range low and MAs Crossover Indicating Indecision i,e Distribution. So Can't say that distribution will get into Decline but if Atom loses Range Low 10$ then potential Level of Support around 9 -8.5$

@cryptosignals

EVERYDAY DIGEST
(May 4, 2023)

▪️ PacWest is weighing strategic options, including possible sale.
▪️ President Bukele eliminates all taxes on tech innovations.
▪️ Deloitte enters the Polkadot ecosystem to issue reusable digital credentials.
▪️ Coinbase to stop issuing new loans via Coinbase Borrow on May 10.
▪️ Jury convicts former OpenSea product head after NFT insider trading trial.
▪️ Bloomberg, others ask court to release FTX customer details.
▪️ Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax.
▪️ Curve to redeploy crvUSD stablecoin on Ethereum after 'mistake in deployment script'.
▪️ North Carolina joins Florida in passing anti-CBDC legislation.
▪️ Ethereum transaction fees at their highest since May 2022 amid memecoin mania.

@cryptosignals

https://www.tradingview.com/x/MQEoDipT/

#BTC Trying Hard to break above Lower Highs

@cryptosignals

https://www.tradingview.com/x/wKxAmf18/

#BTC Targeting resistance with series of Higher Lows in LTF so it means once it gets complemented with New Higher High then it will Breakout Hard.

@cryptosignals

https://in.tradingview.com/x/Gzdt3sST

#BTC testing Resistance again

@cryptosignals

EVERYDAY DIGEST
(May 5, 2023)

▪️ Kenya’s government plans crypto, influencer tax as cash sources dry.
▪️ Paxful co-founder plots ambitious plan to reopen p2p crypto trading after company implosion.
▪️ Pepe memecoin tops $1 billion market cap even as Binance flags lack of utility.
▪️ U.S. adds 253k jobs in april, topping expectations for 180k.
▪️ BNP Paribas will link digital yuan to bank accounts for promoting CBDC use.
▪️ South Korean Prosecutor calls for Do Kwon to face charges in home country.
▪️ Coinbase earnings beat estimates, interest income from USDC nears $200 million.
▪️ New York could force crypto firms to refund fraud victims with new legislation.
▪️ Montana governor signs pro-cryptocurrency mining bill into law.
▪️ UK’s FCA takes action against illegal crypto ATM operators.

@cryptosignals

Caution;-

#PEPE trading is Risky. Stay away and secure ur capital if u can.

@cryptosignals

https://www.tradingview.com/x/bg8MgCwL/

#BTC H1 Timeframe

Intraday Sellers Slowly regaining Control, Once BTC loses and closes below 29.3k then they can exercise Full control. As BTC fails to Print Higher High in this move so Far which means chances of retest 28.8k - 28.7k is likely which is must hold level for LTF continuation. Breaking below 28.7k in LTF means Trend Termination.

@cryptosignals

https://www.tradingview.com/x/l6y1PIb4/

#BTC Daily

Nothing Changed as its still getting rejected from Level to Break to fly High

@cryptosignals