Crypto Signal ๐ค
Market sentiment:
Bitcoin Fear and Greed Index is 18 ~ Extreme Fear(Which is 3 month low)
Third largest Bitcoin whale started scooping coins again with the latest amounting to 1,000 BTC ๐ฅ
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BTC/USDT 3-day chart
๐ธ200 SMA still acting as support, keep an eye on the closing
๐ธ20 SMA acting as a short term resistance
๐ข If 200 SMA holds, we might see some upward movement to retry the 20 SMA above.
๐ด If 200 SMA breaks, we would see it go down to the trendline support below at $36.8k
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Minimum deposit 5 TRX
Minimum interest: 0.3 TRX
Category 3 10% commission
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BTC WEEKLY CANDLE CLOSE
๐ธWith this last weekly close, we have reclaimed a very significant level.
๐ธThe last 4 times we closed above or below this level on HTF we have moved to the opposite end of the range over a number of weeks.
๐ธExpecting the same this time- a retest of low 40k's and continuation up.
DeFi Season? DeFi sector TVL rises as investors return to a bullish crypto market
๐ธDecentralized finance token prices have begun to trend higher and the rise in the total value locked across protocols and increasing dApp revenue hint at a potential DeFi revival.
๐ธData shows that the total number of DeFi users has steadily increased throughout 2022 and currently sits at a record high of 4,562,318 unique wallet addresses.
source
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