Bitcoin is hunting the stop loss for short positions. Price is continuously testing the resistance area. The support level remains the same. A break above $21,500 will send us toward $22,800-$23,000 resistance level.

bitmart.tech

Mining Difficulty speedily Increased

🔸The mining difficulty for Bitcoin is rapidly increasing. This means that more miners are launching their machines and contributing to the network, leading to a higher level of difficulty.

🔸This trend is likely to continue and could result in an increase in the price of Bitcoin. It appears that we are just at the beginning of this trend

nammacrypto.com

BTC SPOT CVDs (Cumulative Volume Delta)

🔸There has been a significant movement in the spot CVDs of $BTC. The increase from $17,000 to $21,000 was primarily driven by aggressive buying on Binance using BUSD.
🔸Other exchanges also began buying at around $19,500 using USDT and USD.

🔸The green CVD represents all exchanges, including Binance USDT, while the yellow CVD only includes BUSD transactions.


tamilbtc.com

#Bitcoin Miners are in Profit

On January 1, miners bought approximately 3,600 BTC when it was selling at $16,700. Between January 5 and 11, they accumulated another 1,000 BTC when prices skyrocketed. But when the price of bitcoin exceeded $20,000, it seems that the miners decided to take profits and sold 4,000 BTC since January 12.

📣MEXC New Futures M-Day will Launch Futures Bonus $50,000 Trading Round at 06:00, Jan 19(UTC)

⏰Ticket-claim time: 06:00, Jan 19, 2023 - 06:00, Jan 20, 2023 (UTC)

👇🏻How to participate:
Users who trade the USDT-M futures on MEXC prior to the end of the ticket-claim time with minimum futures trading volumes of 10,000 USDT will be eligible for the lucky draw. The larger the trading volume, the more tickets the user can claim.

signup.asia/mexc

ANKR analysis:

ANKR rejected from the resistance of $0.025 area. We may see a test of the support of the $0.019-$0.0199 area before the next move-up. You can place your buy orders near the support zone. This is no trade zone for ANKR.

bitmart.tech

🔔Hotbit’s Announcement Regarding HTB Airdrop: Round 18

Dear Hotbit users,
According to the processing scheme of the deficit system in the Hotbit 2.0 transparency plan(click here for the deficit system announcement), we have conducted the eighteenth airdrop for deficit assets.

Note: The HTB airdrop for deficit assets has been distributed to the investment account at 02:50 AM UTC on January 19th, 2023.

Hotbit Team
January 19th, 2023

Details👉 signup.asia/hotbit

🤩🤩🤩BitMart 2022 Recap


$7.395B 24H highest spot trading volume
$554B total trading volume
667 tokens listed.
The release of Margin trading.
The launch of NFT marketplace.

👉Sign up on BitMart, and claim up to 3,265 $USDT BitMart Futures Trading Bonus

$BTC analysis still stands!

$GALA is trying to hold the previous breakout somewhat here for now, if we break below 0.04$ it would be pretty nasty for a fall towards 0.028$ but still happy considering the whole market took a nasty dive, this is holding the breakout!

$JASMY broke a very crucial zone, expecting a dip back to 0.0033$ zone once the 0.0042$ breaks, that would be a 21% fall off there! But not seeing anything bullish for now!

$RVN also lurking in the shadows

$ENJ with a double breakout here!

ENJ analysis:

ENJ is now testing the support of the $0.39-$0.415 area. The major resistance is the $0.46-$0.50 area. The next good support is the $0.32-$0.34 area and this is the zone for new long entries. Wait for a break above $0.50 or a test of $0.32-$0.34 area for new entries.