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Good news for Indian users
https://news.bitcoin.com/indian-government-official-resigns-drafting-flawed-crypto-bill/
https://news.bitcoin.com/indian-government-official-resigns-drafting-flawed-crypto-bill/
Bitcoin News
Indian Government Official Resigns After Drafting 'Flawed' Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls "flawed." Meanwhile, the government hasβ¦
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Some more good things on the way for Our channel subscribers..
Stay tuned..
Stay tuned..
What will be next Weekly (28th July) close on BTC by your opinion
Anonymous Poll
17%
8700-8900
9%
8900-9250
13%
9250-9450 (reversal support zone)
6%
9450-9710
12%
9710-9800 (current support zone)
12%
9800-10250
12%
10250-10620
4%
10620-11000
15%
11000+
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Thank you β€οΈ
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Please Read all the details here and Fill the form
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βββ οΈ Blockchain.com has announced the launch of its very own crypto exchange.
Favoured by all Blockchain.com (where you check transactions in the bitcoin's blockchain) will launch a crypto-exchange β PIT. On the exchange there are going to be 26 trading pairs. The main difference from other exchanges is a huge database of users and wallets, as well as fast speed of completion of orders (40-50 microseconds, which is much faster than on Binance).
The head of Blockchain.com department said that 26 trading pairs is not the final limit, and the exchange will continue to develop and compete with dinosaurs of the market of crypto-exchanges.
Obviously, these news are astonishing, because the market needs competition to properly function. Blockchain.com is a platform through which 25% of all transactions of the Bitcoin blockchain go. And such a mass-adoption inside the crypto-industry will only benefit the crypto-sphere.
#copied article
Favoured by all Blockchain.com (where you check transactions in the bitcoin's blockchain) will launch a crypto-exchange β PIT. On the exchange there are going to be 26 trading pairs. The main difference from other exchanges is a huge database of users and wallets, as well as fast speed of completion of orders (40-50 microseconds, which is much faster than on Binance).
The head of Blockchain.com department said that 26 trading pairs is not the final limit, and the exchange will continue to develop and compete with dinosaurs of the market of crypto-exchanges.
Obviously, these news are astonishing, because the market needs competition to properly function. Blockchain.com is a platform through which 25% of all transactions of the Bitcoin blockchain go. And such a mass-adoption inside the crypto-industry will only benefit the crypto-sphere.
#copied article
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#WIN (Wink) price list..
Personally I don't expect much profit with this for those who got in IEO.. It can be 1.2-3X..
Personally I don't expect much profit with this for those who got in IEO.. It can be 1.2-3X..
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BTC and market update along with some recent fundamentals -
BTC -
BTC still trading in choppy zone without any clear technical signs of certain movement..
There is still no clear 'SAFE' confirmation to be more in BTC again..
Support zones and resistance zones are still same..
$9700-9810 is neutral support
$9250-9450 is reversal (failed 6th time to be broken)
$10250-10340 is weak resistance
$11070-11160 neutral
$12060-12150 strong
Some local resistances are there in between these zones which will be updated later..
Volume is still not much if we compare the Current CMC ratio.. It is seeming that current pump is created by retailers..
Another 2 daily close above 10.2k and weekly above resistance will confirm a next Bullish week towards 12k (no upcoming fundamentals considered here)
Safer stop loss for BTC is below $9700 close..
Alts update -
The reason behind telling to use stop loss on alts and reduce positions was BTC dominance breakout possibility (refer - https://t.me/c/1387871571/5756 and https://t.me/c/1387871571/5757) so if you used stops or reduced positions, your alts may have been converted in BTC..
Current BTC dominance is 68.15% just near resistance zone.. (Note - Tradingview has some issues with BTC dominance charts, refresh page 3 times to get a accurate ongoing price as per chart)
So if this resistance plays well, then Alts will get some relief but currently it is not looking to stop yet here..
CMC update -
CMC looking good after lot of days.. $268-270 Billion resistance is just broken..
Support at $261-264 Billion is having support now then $243-250 Billion will be important support..
$279-284 Billion is resistance now.. And $300 Billion will play psychological CMC resistance..
(as per coinmarketcap index)
Fundamentals -
Last week we had lot of bad/negative fundamentals.. Also currently we have mixed fundamentals..
Tether court hearing, SEC, US senate and other stuffs..
BTC started growing once there were Good words came out from Recent US Senate banking committee meeting about Blockchain and cryptocurrency..
Also the Physical Futures from LedgerX (not yet approved), and upcoming futures From Bakkt are making good impact.
SEC to run BTC, ETH, XRP nodes was also a boosting rumours..
Blockchain.com and Bitcoin.com are set for exchange launching which is also turning out to be good..
Current Pump seems to be more due to fundamentals than technicals.. $10250-10340 weak resistance is in play now.. Stop for your BTC stack below 9700 zone for Binance players..
BTC -
BTC still trading in choppy zone without any clear technical signs of certain movement..
There is still no clear 'SAFE' confirmation to be more in BTC again..
Support zones and resistance zones are still same..
$9700-9810 is neutral support
$9250-9450 is reversal (failed 6th time to be broken)
$10250-10340 is weak resistance
$11070-11160 neutral
$12060-12150 strong
Some local resistances are there in between these zones which will be updated later..
Volume is still not much if we compare the Current CMC ratio.. It is seeming that current pump is created by retailers..
Another 2 daily close above 10.2k and weekly above resistance will confirm a next Bullish week towards 12k (no upcoming fundamentals considered here)
Safer stop loss for BTC is below $9700 close..
Alts update -
The reason behind telling to use stop loss on alts and reduce positions was BTC dominance breakout possibility (refer - https://t.me/c/1387871571/5756 and https://t.me/c/1387871571/5757) so if you used stops or reduced positions, your alts may have been converted in BTC..
Current BTC dominance is 68.15% just near resistance zone.. (Note - Tradingview has some issues with BTC dominance charts, refresh page 3 times to get a accurate ongoing price as per chart)
So if this resistance plays well, then Alts will get some relief but currently it is not looking to stop yet here..
CMC update -
CMC looking good after lot of days.. $268-270 Billion resistance is just broken..
Support at $261-264 Billion is having support now then $243-250 Billion will be important support..
$279-284 Billion is resistance now.. And $300 Billion will play psychological CMC resistance..
(as per coinmarketcap index)
Fundamentals -
Last week we had lot of bad/negative fundamentals.. Also currently we have mixed fundamentals..
Tether court hearing, SEC, US senate and other stuffs..
BTC started growing once there were Good words came out from Recent US Senate banking committee meeting about Blockchain and cryptocurrency..
Also the Physical Futures from LedgerX (not yet approved), and upcoming futures From Bakkt are making good impact.
SEC to run BTC, ETH, XRP nodes was also a boosting rumours..
Blockchain.com and Bitcoin.com are set for exchange launching which is also turning out to be good..
Current Pump seems to be more due to fundamentals than technicals.. $10250-10340 weak resistance is in play now.. Stop for your BTC stack below 9700 zone for Binance players..