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Crypto Daily Newsletter

Blood Moon Party - The market had a terrible day yesterday when the FTT token of the world's 3rd largest exchange FTX collapsed since CZ's announcement of the sale of FTT. Following FTT, Bitcoin and other altcoins also plummeted, creating a new bottom in 2022 at $17,166...

โœ๏ธMain news of the day

๐Ÿ“Œ Crypto Market Plunges - Bitcoin Heads Towards $17,500 Support

๐Ÿ“Œ Avalanche Foundation launches $4 million liquidity stimulus package for GMX

๐Ÿ“Œ The market was in chaos when there was news that FTX stopped withdrawing

๐Ÿ“Œ EU announces new plan for digital EUR
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Forwarded from BitYard News & Events (Gladys BitYard)
Crypto Daily Newsletter

The market is consolidating slightly after the crash, fantoken continues to increase strongly near the day of WC

โœ๏ธMain news of the day

๐Ÿ“Œ Elon Musk: Bitcoin won't disappear, but 'crypto winter' is still long

๐Ÿ“Œ Alameda Research accused of insider trading with FTX

๐Ÿ“Œ Yuga Labs acquires Beeple's famous 10KTF NFT project

๐Ÿ“Œ Arbitrum grew strongly thanks to the airdrop wave
Forwarded from Crypto VIP Signal
Educational Post:

Double Bottom

A double bottom chart pattern indicates a period of selling, causing an assetโ€™s price to drop below a level of support. It will then rise to a level of resistance, before dropping again. Finally, the trend will reverse and begin an upward motion as the market becomes more bullish.

A double bottom is a bullish reversal pattern, because it signifies the end of a downtrend and a shift towards an uptrend.
Forwarded from Crypto VIP Signal
Educational Post:

Double Top

A double top is another pattern that traders use to highlight trend reversals. Typically, an assetโ€™s price will experience a peak, before retracing back to a level of support. It will then climb up once more before reversing back more permanently against the prevailing trend.
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