Professionals may fake the breakouts this week

Professionals may fake the breakouts this week

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Hi Crypto Academy Network, Without a major trigger, Bitcoin prices have been range-bound in 2022. While long-term investors seem to be accumulating on dips, the short-term traders who have purchased at higher levels may be liquidating their positions on rallies near $47,000 to “get their initial investment back,” said Brett Munster at Blockforce Capital. During this period of uncertainty and high inflation, Tesla CEO Elon Musk advised his followers to “own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.” Musk added that he owns Bitcoin, Ethereum and Dogecoin and does not plan to sell his crypto holdings. Hello, welcome to this week’s 225th edition of Cryptonaire Weekly Magazine. The global crypto market cap is $1.73 Trillion, up $10 billion since the last week. The total crypto market trading volume over the last 24 hours has increased by 9.85% to $72.84 Billion. The DeFi volume is $12.45 Billion, 17.10% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $61.60 Billion, 84.56% of the total crypto market’s 24-hour trading volume. KEY TRADING LEVELS ETH TRADE XRP TRADE BTC TRADE Top Content This Week! Binance Awarded Bahrain Crypto Service 10M Ether Now Locked on Eth 2.0 Walt Disney CEO Bob Iger Backs Metaverse Top Article This Week! HAVE NFT soon to launch with Medal Ninja Fantasy Trader Announces Trading NFT most popular asset on Ethereum Earnings Disclaimer The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur

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