📈Updated the recent high and even managed to reach the psychological milestone of 50K, but it has not been broken through yet, and this is crucial!
❗️The current movement still constitutes the second test of the -27% Fibonacci zone. To continue the upward trend, it is necessary, at a minimum, to surpass the 51K level, and ideally, firmly establish above it.
⚠️Today, data on the Consumer Price Index (CPI) in the US is being released — an important indicator in measuring inflation. The Federal Reserve's further course regarding monetary policy will depend on this data. If things go poorly, the market will react accordingly — with a BTC bounce from the -27% Fibonacci zone and a decline.
Therefore, it's better to make trading decisions based on these indicators. Let's observe; the data will be released today at 16:30 MSK. Forecast — 2.9%, current indicators — 3.4%.
Bitcoin dominance: 53.94%; Fear and Greed Index: 79 (extreme greed); Altcoin Season Index: 47; Market capitalization: $1.82 trillion.
📈Updated the recent high and even managed to reach the psychological milestone of 50K, but it has not been broken through yet, and this is crucial!
❗️The current movement still constitutes the second test of the -27% Fibonacci zone. To continue the upward trend, it is necessary, at a minimum, to surpass the 51K level, and ideally, firmly establish above it.
⚠️Today, data on the Consumer Price Index (CPI) in the US is being released — an important indicator in measuring inflation. The Federal Reserve's further course regarding monetary policy will depend on this data. If things go poorly, the market will react accordingly — with a BTC bounce from the -27% Fibonacci zone and a decline.
Therefore, it's better to make trading decisions based on these indicators. Let's observe; the data will be released today at 16:30 MSK. Forecast — 2.9%, current indicators — 3.4%.
Bitcoin dominance: 53.94%; Fear and Greed Index: 79 (extreme greed); Altcoin Season Index: 47; Market capitalization: $1.82 trillion.
Telegram today rolling out an update which brings with it several new features.The update also adds interactive emoji. When you send one of the select animated emoji in chat, you can now tap on it to initiate a full screen animation. The update also adds interactive emoji. When you send one of the select animated emoji in chat, you can now tap on it to initiate a full screen animation. This is then visible to you or anyone else who's also present in chat at the moment. The animations are also accompanied by vibrations. This is then visible to you or anyone else who's also present in chat at the moment. The animations are also accompanied by vibrations.
How to Use Bitcoin?
n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
