BTC | Chart Analysis | Crypto News | Passive Income | Free Crypto | 23RD FEBRUARY 2023

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Welcome to my blog and thanks for taking the time out of your day to read what I have posted. My name is Ryan and I have been in the crypto space since December 2017 and certainly learned a lot since that time. If you are new to cryptocurrency or if you have been in it for a while, you should always do your own research (DYOR) as I am not a financial advisor and this is not financial advice.

When it comes to investing into cryptocurrency, the general rule for everyone is: "only invest what you can afford to lose

If you are interested in ways to earn crypto online, I have left the link to my YouTube channel below, feel free to have a look and subscribe if you think this is the right channel for you.

YouTube Chann: Click 

I also have other articles in my blog to show you how to earn crypto online and I try to release a new article and video every week on how to earn crypto, so please follow me and keep an eye out for any new content I publish. Thank you for reading and I really do appreciate the support.

DAILY BTC ANALYSIS

Bitcoin moved up after the FOMC meeting decision of only 25 points increment in interest rates. Bitcoin and other markets show positive moves after the FOMC meeting. We may see another test of the $25,000 major resistance this week.

BTC Data Price (24H):

The live Bitcoin price today is $23,855.99 USD with a 24-hour trading volume of $30,987,497,055 USD. Bitcoin is up 0.90% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $460,417,583,513 USD. It has a circulating supply of 19,299,875 BTC coins and a max. supply of 21,000,000 BTC coins.

Marketcap:

The TOTAL marketcap bounced from the $1 Trillion support. The market looks good as long as it holds above the support level. Let's see how the market reacts to the resistance level. A break above $1.17 Trillion will send the price toward $1.30-$1.35 Trillion.

BTC ANALYSIS (Short Term)

Bitcoin shows strong development within a rising trend channel in the short term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency has broken up through resistance at points 24000. This predicts a further rise. In case of negative reactions, there will now be support at points 24000. The RSI curve shows a rising trend, which supports the positive trend. The currency is overall assessed as technically positive for the short term.

Recommendation one to six weeks: 

BTC ANALYSIS (Medium Term)

Investors have paid higher prices over time to buy Bitcoin and the currency is in a rising trend channel in the medium long term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency is testing resistance at points 25000. This could give a negative reaction, but an upward breakthrough of points 25000 means a positive signal. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the trend. The currency is overall assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive

BTC ANALYSIS (Long Term)

Bitcoin has broken the ceiling of the falling trend in the long term, which indicates a slower initial falling rate. The currency has met the objective at 17599 after the break of the head and shoulders formation. The price has now risen again, but the formation indicates a further fall. The currency is approaching resistance at 30000 points, which may give a negative reaction. However, a break upwards through 30000 points will be a positive signal. The currency is overall assessed as technically negative for the long term.

Recommendation one to six quarters: 

ANALYSIS SUMMARY (Short to Long Term)

THOUGHTS ON TODAY'S MARKET?

(Leave a Comment....)

Are you Bullish or Bearish? Where do you think BTC is going?

Please leave a comment below as I would love to hear your thoughts.

EDUCATIONAL

Aroon Indicator:

The Aroon oscillator is a technical indicator used to measure whether a security is in a trend, and more specifically if the price is hitting new highs or lows over the calculation period (typically 25).The indicator can also be used to identify when a new trend is set to begin. The Aroon indicator comprises two lines: an Aroon Up line and an Aroon Down line.

When the Aroon Up crosses above the Aroon Down, that is the first sign of a possible trend change. If the Aroon Up hits 100 and stays relatively close to that level while the Aroon Down stays near zero, that is positive confirmation of an uptrend.The reverse is also true. If Aroon Down crosses above Aroon Up and stays near 100, this indicates that the downtrend is in force.

CRYPTO NEWS

Fed Minutes Released:

 - Almost all Fed officials supported a 25 BPS hike, only a few in favour of a 50 BPS hike.

 - Participants saw upside risks for inflation.

 - All participants agree that more interest rate hikes are necessary for the Fed to meet its inflation targets.

Bitcoin’s Dominance:

One of the factors that might be helping its rebound in this cycle is the regulatory environment and the clarity US investors have around Bitcoin as a commodity.

Coinbase Announces its Layer-2 Network:

The company announces the launch of its "Base" test network. It will not have its own token. The blockchain is built on Optimism Stack. Base is Coinbase's own blockchain and will host all of Coinbase's on-chain products. The Optimism (OP) token has already reacted positively to this news.

MEME OF THE DAY

CRYPTO EARNING PLATFORMS

Do you like playing games, collecting from faucets and watching videos?

I have listed below some great ways to earn free crypto, if you are interested then please click the link and start earning today.

This platform is a great way to earn extra crypto just by playing games on my mobile phone or PC. It has been around for a few years now and there are many ways to earn. Going through my link will award you with a free NFT to start mining in the dungeon to receive extra crypto.

to sign up

 to watch the tutorial video

Rollercoin:

This gaming platform has been around for a long time and they continue to improve and update it. Play retro style games and build up your mining empire.

 to sign up

Cointiply:

This platform offers many different ways to earn crypto. playing games, taking surveys, faucet and watching videos. I have left my YouTube tutorial video below which explains everything you need to know.

 to sign up

 to watch the tutorial video

Some of the above links will give me commission when start to use the platform, this costs you absolutely nothing, however this helps me and my family and I can't thank you enough for the continued support. It also really helps motivate me to keep bringing you content like this, so thank you again.

MOVE-TO-EARN APPS

I have listed below some of my favourite move-to-earn apps. If you move about a lot during the day/night then have a look at the list of apps below. they are easy to set up and you can start earning from them straight away, I will keep updating my blog with ways to make easy crypto online so please don't forget to follow, thank you.

I have used this one for years now and it is consistently paying me crypto every week. Going through my sign up link will award you with 1k coins, you are able to withdraw when you reach 10k coins. I recommend COINBASE as this is fee free, you can find the link for Coinbase at the bottom of this article.

 to sign up and receive 1k coin bonus

 to watch the tutorial video

Wallace Wallet:

This platform is slightly different to most. It is a non-custodial wallet but also rewards you with your location based data as you move around. It is relatively new and they are improving the app all the time. Definitely worth a look, I highly recommend holding the required amount of crypto to achieve Tier 4 as this gives you the highest earnings. You can download Wallace Wallet from the App store or Play Store. I have left my referral code below, feel free to use this and if you do, I really appreciate this.

Referral Code - albaclan83_f3729

 to watch the tutorial video

PASSIVE APPS

There are many different ways to make crypto online for . I have created a list of easy applications (both PC and Mobile) you can install and run passively in the background to earn free crypto. They do not use any resources and they won't affect your computer when running them.

If you have any questions or problems setting them up, please leave a comment below and I will happily help you.

EARNAPP:

HONEYGAIN:

PEER2PROFIT:

CRYPTO EXCHANGES (CEX's)

Below are some links to all the crypto exchanges I use on a daily basis, please don't forget to check out my YouTube Channel too for more ways to earn crypto online. 

: Click 

: Click 

CRYPTO.COM: Click 

COINBASE: Click 

: Click 

Thanks for reading and can't wait to see you in the next article.

Regulation and Society adoption

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