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🇺🇸 US Inflation Data Update.

US CPI inflation: 6.5%

Food inflation: 10.4%

Electricity inflation: 14.3%

Natural gas inflation: 19.3%

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BTC Weekly EMA200

🔸According to the weekly chart, BTC has room to grow before reaching and surpassing the Weekly EMA200
🔸The last time the BTC price dropped below this indicator was during the 2018 bear market.

🔸However, after moving above it, the price experienced a sustained upward trend in 2019. Currently, the price is still trading below this indicator
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Dear Global Bitgetters,
As hackers keep finding new and innovative ways to steal cryptocurrencies, we've summarized some common attack methods to prevent users from having their cryptocurrencies stolen during the deposit and withdrawal phase:

- Virtual currency clipboard interception: This hijacking method identifies the cryptocurrency address in the clipboard and replaces it with the hacker's address, causing the assets to be deposited to the hacker's address.

- Implantation of malicious code in the app: When users use the fake app to make a deposit, it triggers a malicious code that replaces the user's deposit address with a malicious address, causing the assets to be deposited to the hacker's address.


Bitget strongly recommends you:

- Visit Bitget's official website in Google's Incognito mode.

- Install anti-virus software and update it in real time.

- Download the app from official channels such as Apple Store or Google Play, and avoid using search engines to find the app.

- When depositing, check whether the deposit address in the app is the same as the address on the webpage.

- When withdrawing, check whether the withdrawal address is the same as the address in the email notification.

- When checking the address, check the complete address information, not just the first and last parts. Hackers may have only tampered with certain characters in the middle of the address.

- After confirming that the address is correct, users can make a small deposit or withdrawal to check if the operation is successful.


Yours Sincerely,
Bitget Security Team
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#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: MEDIUM

EXPECTED SCENARIO:
Expecting high volatility during USA session 1.30 PM UTC / 7PM UTC. Today is the last event for this month, hence expecting BTC to move in either direction after today.
Bearish once we close 1H candle below INTRADAY FLIP LINE(20900$). Look for Supports in that case.

BULL CASE:
Resistance R1(21900) can be tested if we remain bullish.

BEAR CASE:
Bearish once we close 1H candle below INTRADAY FLIP LINE(20900$)

NOTE:
BTC is at resistance 21500$. As long as we are above 17500$, we can remain bullish.
Below 16000$ we may go as low as 12000$

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📍TRADING TIP OF THE DAY 📍
$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!
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