<img alt="SHIB drops below December 2022 lows: What&#039;s next?" class="attachment-full size-full wp-post-image" height="900" src="https://statics.ambcrypto.com/wp-content/uploads/2023/09/image-1200x900-31.png" style="float: left; margin: 0 15px 15px 0;" width="1200" />SHIB drops below December 2022 lows, giving sellers more leverage to push it lower. Can bulls stop a further plunge?

SHIB drops below December 2022 lows: What’s next?

Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in the near term. Bitcoin is struggling and trading well below the $27,500 resistance. The price is trading below $26,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $26,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline unless there is a close above the $26,500 level. Bitcoin Price Faces Hurdles Bitcoin price started a fresh decline below the $26,800 level. BTC traded below the $26,500 and $26,200 support levels to move into a negative zone. Finally, the pair tested $26,000 and a low was formed near $26,026. Recently, the price started a minor recovery wave above the $26,200 level. The price climbed above the 23.6% Fib retracement level of the recent drop from the $26,712 swing high to the $26,026 low. However, the bears are protecting a break above the $26,500 resistance. The price is struggling to clear the 50% Fib retracement level of the recent drop from the $26,712 swing high to the $26,026 low. Bitcoin is now trading below $26,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $26,400 level. There is also a key bearish trend line forming with resistance near $26,420 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com The next key resistance could be near the $26,500 level, above which the price could gain bullish momentum. In the stated case, the price could climb toward the $27,000 resistance. Any more gains might call for a move toward the $27,500 level. More Losses In BTC? If Bitcoin fails to start a fresh increase above the $26,500 resistance, it could continue to move down. Immediate support on the downside is near the $26,150 level. The next major support is near the $26,000 level. A downside break and close below the $26,000 level might start another major decline maybe toward the next support at $25,400. Any more losses might call for a test of $25,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $26,150, followed by $26,000. Major Resistance Levels – $26,400, $26,500, and $27,000.

Bitcoin Price Turns Vulnerable As Indicators Point To More Weakness

US bankruptcy filings reached the same level as the 2008 recession and the 2020 pandemic. Bitcoin, however, was faring well, which looked encouraging for the crypto market. Ethereum bulls may need to buck up in the coming days.

BTC, ETH can opt for an unrelated path as fear grips stock market. Assessing…

A potential US government shutdown could halt publication of key economic data, creating uncertainty that may drive investors toward alternative assets like Bitcoin.
The post US Government Shutdown Will Halt Inflation Data, What’s the Impact on Crypto? appeared first on BeInCrypto.

US Government Shutdown Will Halt Inflation Data, What’s the Impact on Crypto?

Anthropic has announced a collaboration with Amazon to use its web service for future operations. Both companies plan to accelerate the development of Anthropic’s future foundation models. Anthropic will use AWS Trainium and Inferentia chips to build, train, and deploy its future foundation models. Anthropic, an artificial intelligence (AI) safety and research company, has announced […]
The post Amazon and Anthropic Collaborate to Advance Generative AI appeared first on Coin Edition.

Amazon and Anthropic Collaborate to Advance Generative AI

U.S. presidential candidate Nikki Haley has warned that China is preparing for war and Chinese President Xi Jinping intends to win. “China is an existential threat. It has spent half a century plotting to defeat us,” she stressed, cautioning that China is “building a massive cutting edge military, capable of threatening America and dominating Asia […]

US Presidential Candidate Nikki Haley: China Preparing for War and Xi Jinping Intends to Win

Ethereum, the world’s most valuable smart contract platform, has generated over $10 billion in revenue in a record seven years. At this pace, Ethereum grew to this milestone faster than most top technology firms, except Alphabet. Ethereum Hit The $10 Billion Milestone Faster Than Microsoft, Zoom Records showed that Ethereum took roughly seven years to […]

Ethereum Generates Over $10 Billion In Revenue In 7 Years

Today after Altcoin Daily published an interview with TJ of Hit Network, Ben Armstrong (Bitboy) went live on air and may have been arrested.  

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Ben Armstrong Arrested On Air? | Bitcoin Update

In this video, I'm excited to discuss two key pieces of news: MicroStrategy's recent massive accumulation of Bitcoin and the growing supply held by long-term Bitcoin holders. Drawing a parallel between our current market situation and the bear market of 2018, it's vital to recognize the significance of historical data and long-term trends. Despite some bearish sentiment lingering in the crypto space, the data available paints a different picture, one that strongly suggests continued growth and adoption.

This is reinforced by the enduring institutional interest in Bitcoin, exemplified by MicroStrategy's recent substantial purchases, and the historical pattern of long-term Bitcoin holders accumulating during bear markets. Additionally, I address potential bearish scenarios, such as the loss of institutional interest, regulatory scrutiny, negative perceptions, and a perceived lack of innovation, contending that these factors may not be as detrimental as they initially seem and could potentially contribute to the overall maturation and expansion of the crypto market. In conclusion, I maintain a bullish outlook on the crypto market, grounded in technical analysis, historical trends, and current data, while also encouraging respectful discussion and inviting you to share your perspectives on the crypto market's trajectory.

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Intro 00:00
2018 Bitcoin prediction 00:35
Microstrategy buys more Bitcoin 2:20
Long term btc holders all time high 4:35
Is crypto going to make it? 6:00

Sources:

https://cointelegraph.com/news/microstrategy-buys-5-4k-bitcoin-for-147million

https://ambcrypto.com/blog/is-bitcoin-dead-all-potential-bearish-scenarios-covered/

https://blockworks.co/news/bank-america-fidelity-bitcoin-microstrategy

https://cointelegraph.com/news/bitcoin-etf-sec-deadline

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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

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Massive CRYPTO ACCUMULATION Underway! BITCOIN Whales On The Move!

Crypto whales are one of the best tools to prepare your altcoin portfolio. This video shows you three tokens whales have been busy with over the last few days.

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Crypto Whales are SECRETLY Buying These 3 Altcoins 👀

In Canada, Parliament gave a standing ovation to a 98 year-old Nazi veteran who fought for Ukraine against Russia during World War II. He was a Waffen-SS soldier. Is Hitler back after decades of being canceled? Canadian veteran and journalist David Krayden joins us to discuss this national embarrassment.   

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About Clayton and Natali Morris:
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The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

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Canada just SHOCKED the world with this move in front of WW2 veterans | Redacted with Clayton Morris

Neocons are saying that the war in Ukraine will be a "forever war" but analysts say that it is all but over. Seymour Hersh says that Ukrainians are ready for mutiny to stop being led to their death. Is that true? Former weapons inspector Scott Ritter joins us to discuss. 

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-----
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives. 

DISCLAIMER:

Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support.

The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

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"All of them will die and it's Zelensky's fault" Scott Ritter fmr. U.S. Marine | Redacted News

Pope Francis is apparently in favor of giving weapons to Ukraine. Speaking to reporters this weekend, the Pope said that Ukrainians are martyrs that that countries should not pull back from giving them weapons. One doesn’t expect a religious leader to talk about peace by means of weapons. “Thou shalt not kill” is one of the Ten Commandments in the Bible. Wouldn’t that apply to killing Russians too?  
The Pope also says that the immigrant crisis in Europe is being politicized and all people should be offered hospitality. Is it though?? How many open rooms does the Vatican have then? 

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-----
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives. 

DISCLAIMER:

Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support.

The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

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