Bitcoin has decisively lost its grip on the critical 104K support level, raising short-term concerns for the bullish outlook. With the prevailing range now defined between 111K and 98K, the breakdown suggests increasing likelihood of a deeper retracement toward the lower boundary of this range.
This structural failure at 104K shifts our immediate focus toward short opportunities, with expectations of a potential retest of the broken 104K level before continuation lower.
We should stay vigilant and monitor price behavior closely as the 98K zone could act as the next key demand region.
Bitcoin has decisively lost its grip on the critical 104K support level, raising short-term concerns for the bullish outlook. With the prevailing range now defined between 111K and 98K, the breakdown suggests increasing likelihood of a deeper retracement toward the lower boundary of this range.
This structural failure at 104K shifts our immediate focus toward short opportunities, with expectations of a potential retest of the broken 104K level before continuation lower.
We should stay vigilant and monitor price behavior closely as the 98K zone could act as the next key demand region.
Telegram is riding high, adding tens of million of users this year. Now the bill is coming due.Telegram is one of the few significant social-media challengers to Facebook Inc., FB -1.90% on a trajectory toward one billion users active each month by the end of 2022, up from roughly 550 million today.
How Does Telegram Make Money?
Telegram is a free app and runs on donations. According to a blog on the telegram: We believe in fast and secure messaging that is also 100% free. Pavel Durov, who shares our vision, supplied Telegram with a generous donation, so we have quite enough money for the time being. If Telegram runs out, we will introduce non-essential paid options to support the infrastructure and finance developer salaries. But making profits will never be an end-goal for Telegram.