#BTC is in a downtrend channel (in blue) and is currently testing the 50 day average (in purple.) #BTC could make a run at the top of the downtrend channel, but ultimately I see it breaking below the red trendline to the downside, possibly reaching the 11000s in early 2023.
Crypto investors will be destroyed, because they're complacent. Most think this crypto bear market is nearing an end, because of past examples, but this is a REAL recession now, and crypto is going to be annihilated during it, and so many projects will collapse. Be careful.
The #DOW is clearly forming an inverted head and shoulders on the weekly chart, it's holding above the 50 week average, and looks set for a breakout attempt.
Low fees are maintained in #DigiByte thanks to the #MultiAlgo approach working in conjunction with #MultiShield (originally known as DigiShield). MultiShield calls for block difficulty readjustment between every single block on the chain; currently blocks last 15 seconds. $DGB
#Binance will perform wallet maintenance for BNB Smart Chain (BEP20) starting from May 31, 2023 at 06:00am UTC.
Deposits and withdrawals will be temporarily suspended and will reopen once the maintenance is completed.
binance.com/en/support/ann…
Today we charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency and for failing to register the offer and sale of its crypto asset staking-as-a-service program.
sec.gov/news/press-rel…