Insights & Innovations in Cryptonaire Weekly!

Insights & Innovations in Cryptonaire Weekly!

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Dear , Bitcoin rose 8.8% last week to conquer the psychological barrier of $60,000, indicating solid buying at lower levels. CoinShares data shows that Bitcoin witnessed inflows of $1.35 billion, the fifth largest weekly inflows on record. Bitcoin was not alone as even Ethereum products saw inflows of $72 million in anticipation of the launch of the first spot Ethereum exchange-traded fund ETF) in the US. Bitcoin-stacking investment firm Metaplanet has purchased another 21.88 Bitcoin — worth over $1.2 million (200 million Japanese Yen) — amid the recent Bitcoin rally that has seen prices reach nearly $65,000. According to its latest July 16 purchase statement, the Japan-based firm’s Bitcoin holdings now total 225.6 Bitcoin, valued at $14.6 million. Bitcoin jumped above the 20-day SMA ($59,522) on July 14, indicating that the bearish momentum is weakening. The bulls will try to strengthen their position by pushing the price above the $64,602 overhead resistance. If they succeed, the BTC/USDT pair will likely pick up momentum and reach the $72,000 to $73,777 resistance zone. On the contrary, if the price turns down from $64,602, it will suggest that the bears are selling on rallies. The pair could then pull back to the 20-day SMA. If the price turns up from the 20-day SMA, it will signal a change in sentiment from selling on rallies to buying on dips. That will improve the prospects of a break above $64,602. Lastly please check out the advancement’s happening in the cryptocurrency world. READ NOW BITCOIN WEEKEND SURGE FORCED BITCOIN PEAKS OVER $63k AFTER BITCOIN AND ETHER LEADS Top Article This Week! BITCOIN-BACKED LOANS ACCESS CRYPTOGAMES LEADS CHAGE IN TRIANGULAR ARBITRAGE PROFIT 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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