Weekly Crypto Recap w/ NewsCrypto
Welcome back, NewsCrypto enthusiasts! It's time for another edition of the NewsCrypto newsletter.
In today's newsletter, we are going to talk about our upcoming grand announcement, what's going on with Bitcoin and where it's headed next.
What's on the menu today?
1. Breaking Crypto News
2. Crypto Fear and Greed Index
3. BTC TA Analysis
4. Grand $NWC Announcement
5. Funniest Meme of the Week
News Recap
· XRP launches its own dollar-backed stablecoin
· Crypto investigator accuses US law enforcement of "harassment"
· Grayscale's BTC ETF sees record outflows
· Advocacy groups rally to support Tornado cash developer
· Telegram launches Toncoin payments for ads
Would you like to read more about each piece of news?
Check out the News section on our educational platform here 👇🏼
https://app.newscrypto.io/news
Crypto Fear and Greed Index
Bitcoin TA Analysis
1. Bitcoin 12h Time Frame
Bitcoin has surged back above the ≈$71.3k resistance. For the past two weeks, we've anticipated this move. Hopefully, you heeded our advice and capitalized on the dip.
Closing a 12-hour or daily candle above this level would signal a bullish trend, but it's wise not to rush in. At least wait for a retest of the previous resistance and look for bullish signs on shorter timeframes. Should Bitcoin fall below $71.3k, it might indicate a potential drop to around $69k before it resumes its upward trajectory.
This breakout from the symmetrical triangle presents a promising setup. A retest of the $69k level would also mean a retest of the triangle's resistance. From there, the likely outcome becomes more predictable.
However, remember that a retest isn't guaranteed. It's more probable that the price will initially rise to catch those who are late to the party off guard, drop to liquidate them, and then continue its ascent.
Grand $NWC Announcement
The air is thick with anticipation as we approach the grand unveiling. Cryptic messages and teasers have been strategically dropped, revealing a lot to the keen-eyed observer. Yet, the essence of the reveal remains a secret.
Speculations
As the countdown ticks away, the community's imagination runs wild. Predictions range from the plausible to the wildly imaginative, showcasing the diverse expectations and hopes of enthusiasts. Amidst this speculative frenzy, one thing is clear: the reveal promises to be a game-changer, setting new standards and opening uncharted territories in the $NWC journey.
Teasers and Hints
Subtle hints have been dropped, each a piece of the larger puzzle. From cryptic tweets to enigmatic visuals, the clues are there for those with a keen eye and a penchant for solving mysteries.
The Final Stretch
The community stands united in anticipation, ready to witness the unveiling of what promises to be a landmark moment in the $NWC history. Will it surpass expectations? We say: "YES"!
Stay tuned, tomorrow we step into a new era!
Follow us on Twitter so you don't miss the announcement! 👇🏼
https://twitter.com/NwcPublic
Funniest Meme of the Week
