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πŸ””Reserve Bank Of India Wants To Ban Crypto: Nirmala Sitharaman (Finance Minister Of India) !

The RBI is of the view that cryptocurrencies should be banned. But any legislation for regulation or for banning can be effective only after significant international collaboration, said Nirmala Sitharaman.

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#Bitcoin    final washouts
#ZEC_USDT:

#ZEC Possible play out chart πŸ‘‡. Break down done βœ…. DumpπŸ“‰

https://www.tradingview.com/x/YS0e6DZ1/
#UNI_USDT:

#UNI Possible play out chart πŸ‘‡. Break down doneβœ…. DumpπŸ“‰

https://www.tradingview.com/x/B63YMUvy/
πŸ“Š Crypto Fear and Greed Index

🧭 Index Value : 29
😱 Sentiment : Fear
πŸ’° BTC Price : $16741
🐝 BTC UPDATE

The overall situation is bearish.

We broke down the massive bearish flag, at the moment the price is building up a smaller bearish flag on lower TFs. The $17,000 level became a resistance. We have a high down-pressure.

Not taking any positions now, need to see clearer setup. But I won't open any LONG here, for sure.

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πŸ“Š Crypto Fear and Greed Index

🧭 Index Value : 26
😱 Sentiment : Fear
πŸ’° BTC Price : $16903
Channel photo updated
#BTC_USDT:

#BTC Short term view πŸ‘‡. Showing perfect Bull flag. Break out will confirm bullish moveβœ…

https://www.tradingview.com/x/IwoYHrpp/
TWT analysis:

TWT is forming a symmetric triangle on smaller time frames. If the price breaks the symmetric triangle then we see a move toward the $1.25 major support area. The local support is $1.50-$1.55 area. If the price breaks the symmetric triangle in an upward direction then we see a move toward the resistance of the $1.84-$1.88 area.
Stablecoins have settled more than $7 trillion in value, a record-breaking value compared to previous years.
BTC and ETH open interest halves since early November
#BNB/USDT Technical Update:-

$BNB currently trading around $248 and went down to $220
Which is -32% from our Analysis.

Hope you are happy.

Now I am expecting Still BNB is bearish and It can hit below $100

Which will be best entry zones.

Support:- $210/$80
Resistance:- $360

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Bitcoin is trying to break the resistance area. Price is continuously testing the resistance but unable to go above it. A break above the resistance will send us toward $17,900-$18,200 local resistance area. The support level remains the same. Bitcoin is trading in the range for more than 3 months and we will see a big breakout soon.