The current demand for Inscription transactions has sent the Bitcoin Transaction Count Momentum to its highest level since Jan 2021.

The rapid ascent in Transaction Count reflects a significant increase in network activity, as demand for on-chain transactions begins to return.

FTM analysis:

FTM bounced from the daily candle support area. The major resistance is the $0.65-$0.68 area. If you have open long positions then increase your stop loss to the buying price. The local support is $0.45 and major support is $0.40 level.

useful link https://twitter.com/TamilBTC_/status/1632065424182620163

SNX analysis:

SNX is trading in a broadening channel. The major support is the $2.00-$2.05 area and the major resistance is the $3.50-$3.55 area. Wait for a test of the resistance zone and how prices reacts there for new positions.

Balaji is putting up a $2M bet that Bitcoin will be north of $1M in 90 days.

https://twitter.com/balajis/status/1636797265317867520

📍 Follow @tamil_btc for the hottest news in crypto.

Economic Events in 2023 So Far:

1. NYSE "glitch" halts 200+ stocks impacting over $1 trillion in trade volume

2. 2nd and 3rd largest bank collapses in U.S. history

3. Housing market falling at fastest pace since 2011

4. Chinese spy balloon shot down over U.S.

5. Credit card debt hits record $985 billion

6. U.S. NOTAM system goes down grounding all flights

7. CPI inflation formula changed for first time in years

8. Corporate earnings decline for the first time since 2020

9. Mortgage rates hit 7.1% sending mortgage demand to lowest since 1993

10. Nearly 200,000 people have been laid off in tech

We are not even 3 months into 2023 and multiple historic events have already occurred.

2023 will be a historic year.

📍 Follow @tamil_btc for the hottest news in crypto.

$PEOPLE just brokeout of the wedge.

Price should be around 0.03 this weekend 🚀

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With #Bitcoin  jumping above $27k for the first time since June 12th, there are 2.4x as many profit transactions as loss transactions on the $BTC network since Wednesday. Markets are very polarized with #FOMO and drop fears both happening simultaneously.

TFUEL analysis:

TFUEL is trading near the resistance area. If the price is able to break the $0.0617 level then we see a move toward the $0.07 resistance area. Wait for a breakout above the resistance area or a test of the support zone.

பிட்காயின்.com

ZEN Analysis:

Price is moving in a tight range of $9.50-$11.40 area. This is no trade for ZEN and we may see a breakout of this range very soon. The next resistance is $12.50 and we will see a move toward this resistance if the price breaks above the $11.40 level. The next support is the $8.50 level.

LINK analysis:

LINK gave a fakeout above the resistance of the $8.20 level and instantly dumped hard. Price is now trading below the resistance level of the $8.00-$8.20 area and we may see a test of this zone before the next move. Wait and watch how the price reacts on the resistance level. The next support is $7.00-$7.15 area and possible zone for new entries.

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Top 10 Trending CoinMarketcap

$BTC $ARB $CAI $CAKE $KDA $SHIB $METIS $TAMA $ETH $BLUR

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BREAKING 🚨 #BITCOIN   

Russia 🇷🇺 has become the world’s second-largest #Bitcoin    and crypto miner .

JUST IN: PayPal launches crypto stablecoin. PayPal USD (PYUSD) is issued by Paxos Trust Co. and fully backed by US dollar deposits, short-term Treasuries and similar cash equivalents.