Crypto Australia🇭🇲🇭🇲

📆Company reports this week! Monday started off rather weakly for the cryptocurrency market, but we have many events ahead that could give impetus to the market. Including reports from such giant companies By Crypto Australia

The largest increase in liveliness since the Dec-2022 capitulation event. This again supports the above analysis, denoting an increase in Coinday Destruction as some investors part ways with a portion of their long-held coins. However, when viewed in a macro context, Liveliness remains near multi-year lows, suggesting that the dominant majority of the supply remains tightly held, arguably waiting for higher spot prices, or perhaps increased volatility as a motivator to spend. By Crypto Australia

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🤩#BTC. Significant area 912,626 BTC were transacted at the $42,560 price level, making this the most significant area of ​​interest to date. By Crypto Australia

#BTC made a weekly closing with the rejection and as per our daily analysis price is expected back to retest the major support zone and the probability of breaking/ deeper retracement is increased. Looking into the H4 TF, its going same, as expected a range, so have a eye on retest now. By Crypto Australia

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