Crypto Australia🇭🇲🇭🇲

More people are using Bitcoin as the On-Chain Volume is going up again after a drop. This is a good sign because it means there's increased activity in transactions, showing that people have confidence in the BTC. By Crypto Australia

#BTC.D did a retest and dip down as anticipated, and consolidating below it. Index now Expected to reach out the next Strong Area of Support Zone of 50.65% - 50.79%. Overall, market is consoldiation and altcoins too, a Dip down of index and rejection will tighten the market and bleed in alts, so eye of Index and #BTC move. By Crypto Australia

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BlackRock is buying more BTC BlackRock continues to purchase the first cryptocurrency in order to back its spot BTC-ETF. Now they have 16 on their balance sheet 361 BTC with a total amount of $707 million, which makes them one of the TOP 15 Bitcoin holders By Crypto Australia

Charts doesn't change alot but LTF, price forming a Inverse Head & Shoulder too. On Daily TF, price trying to shift the market structure point, from bearish to bullish, and reversal can be very strong as it from the Major Support Zone. This consoldiation might continue till the end weekend, so altscoins might start moving by next week. By Crypto Australia