​​📈Market Overview

Bitcoin price breached the $10,000 hurdle for the first time since February but failed to hold this level.

After the breakout of the long-term descending trendline at $9,400, Bitcoin in just two engulfing candles achieved the $10,000 zone.
However, BTC/USD said goodbye to that zone as fast as it reached there.

At the time of writing, Bitcoin is trading at $9,900.

Market capitalization: $278.61B
The BTC dominance: 65.28%
Fear & Gread Index: 55 (Greed)

https://cryptorank.io/heatmaps

👉 Top Gainers

0x Protocol (ZRX) +30,9%
ABBC coin (ABBC) + 26,6%
Chimpion (BNANA) + 25,3%

👉 Top Losers

Metadium (META) - 36,3%
QURAS (XQC) - 12,7%
Numeraire (NMR) - 10,6%

BTC Futures

Aggregated Volume — $29.98B
Aggregated Open Interest — $2.53B

👉 Derivatives Market Analytics

Bitcoin 1h
Locally, the asset draws a figure similar to the Head and Shoulders pattern. It is seen that with the formation of the left shoulder began a sharp decrease in volumes. At today's local growth, they are not at all. This indicates a depletion of buyers. Breaking the neckline will give us a clear target at 9600-9400
ߋ wey_wang​

​​ BTC UPDATE
Dump happened and we must accept it. As we said yesterday, we didn’t hold any margin position at weekends, so this dump passed aside.
Talking about the current situation, the crucial level is $8420. We broke one with the shadow but now $BTC trades above.
At the moment we consider this dump as a long squeeze, because:
1. Monthly bullish absorption is still valid
2. The bullish trend line wasn’t broken
3. We gathered a bunch of fuel from triggered stops
4. There is a giant gap above the price
Taking all these facts into account we can say that the priority remains the same - upwards and the first level we need to test is $9500. This level should be tested in any case. If we can’t break it - priority turns bearish.
At the moment we only observe, no position opened on $BTC
Link to the TradingView idea: https://www.tradingview.com/chart/BTCUSD/THGxtw1d-BITCOIN-Debriefing-After-the-Dump/
ߋ cryptoklondike

With only hours to go until the next #Bitcoin halving, blocks remaining have entered double digits.

Halving live countdown here: binance.vision/halving

For those who would like to sweat the halvening with others, this link is for you...

https://youtu.be/Jl14MfzW1Mg

JPMorgan expanding blockchain project with 220 banks to include payments — link

​​⚜️Криптобиржи после халвинга⚜️
#A_ZCrypto 👇

🔷 После халвинга #Bitcoin наибольшей угрозой для его цены и ралли могут стать криптобиржи, у которых монет, собранных в виде комиссии, будет больше, чем у майнеров.После сокращения вознаграждения майнеров 12 мая (халвинга), следует ожидать, что цена #BTC вырастет,биржи, вероятно, начнут распродавать свои запасы биткоина, собранные из комиссий.

Ежедневные комиссии криптобирж за биткоин-транзакции доходят до 1200 BTC, что примерно равно $11,6 млн. и может привести к ослаблению восходящего тренда биткоина

🔷 По сути, можно ожидать давления со стороны таких продавцов, в то время как биткоин-доходы майнеров сократятся вдвое, и вместе с этим сократится удельный вес их продаж. Ежедневная выручка майнеров за блоки сократится с 1800 до 900 #BTC, и это приблизительная оценка.

Mайнеры начнут зарабатывать биткоинов на 33% меньше, чем криптобиржи. Таким образом, риск крупных распродаж после халвинга будет больше исходить от бирж, а не от майнеров

🔷 После халвинга 2020 года майнеры перестанут быть крупнейшими продавцами #BTC. Ведущими продавцами станут криптобиржи. Наибольшее давление на рынок #Bitcoin в ближайшее время будут оказывать биржи, продающие свои биткоины.

Процесс продажи собственных биткоинов биржами за наличные непрерывен, в то время как ценообразование биткоина как раз происходит под постоянным давлением конвертации биржевых комиссий в наличные

👉 @A_ZCrypto📌

Only a “small fraction” of transactions on the Ripple, EOS, and Tezos blockchains have any value, according to a new report.

https://bit.ly/35QoP9d

​The Latest Breaking News 📣

#1 $270M in Longs Liquidated as Pre-Halving Hype Backfires — link

#2 The BinanceFutures Insurance Fund used over 13M USDT protecting users from further Auto-deleverage liquidations — link

#3 Coinbase Suffers Brief Outage as Bitcoin Tumbles 10% in 30 Minutes — link

#4 Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests — link

#5 Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises — link

#6 Croatian Financial Regulator Approves Bitcoin Fund — link

👉https://cryptorank.io/news

As of block 630,000, 87.5% of all BTC has been mined. Only 2,625,000 BTC left to mine!

​📈Market Overview

Bitcoin halving went smoothly as expected.

However, the price action remained largely unchanged with BTC stabilizing between $8,500 support and $8,700 resistance.

Market capitalization: $250.88B
The BTC dominance: 64.03%
Fear & Gread Index: 39 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Propy (PRO) +51,4%
ReddCoin (RDD) + 37,6%
Harmony (ONE) + 25,3%

👉 Top Losers

Tierion (TNT) - 38,1%
Kusama (KSM) - 14,6%
BORA (BORA) - 11,5%

BTC Futures

Aggregated Volume — $35.51B
Aggregated Open Interest — $2.27B

👉 Derivatives Market Analytics

​#BTC (Update)
In 1h Chart, Bitcoin has been forming Ascending triangle Pattern ..!!
If Bulls Clear the 9k Resistance, then In Next 2 Days, Bitcoin Might test the 9.4k Area.
Bulls Need Volume..📈
https://www.tradingview.com/x/SPJV6BMP/
ߋ cryptocove

Price analysis BTC, ETH, XRP (05.13.20)
BTC / USD Yesterday, buyers were able to restore the pair to the area of ​​average prices. All evening, they tried the two-hour EMA55 for strength, but could not break the resistance of this moving average.
It should be noted that trading volumes have significantly decreased and for small volumes, buyers can not yet test the green dotted line of the uptrend. Today, after a small pullback, attempts to break through the average price level will continue, and if the volume of purchases can be increased, then a re-test of the ascending dashed trend line is possible.
️ETH / USD Yesterday, trading took place on average volumes, and buyers were able to achieve a resistance re-test of 78.6% Fibo (192.57 USD). This morning, on declining volumes, the attempt to break through this resistance was repeated, but this resistance level still holds the price in the downward purple channel.
XRP / USD This week, the efforts of buyers, for the umpteenth time, are being broken about resistance at the psychological level of 0.200 USD. Last night and this morning, the pair again failed to break through to the level of average prices.
ߋ bitco_novosti

Brand new Chinese mining pool Lubian instantly becomes 5th largest Bitcoin mining pool — link