$WTC is currently in a clear downtrend across all timeframes. It has failed to maintain gains above $0.40 and is showing weakness after a brief rally earlier in June. As long as the price remains below key moving averages and fails to break above $0.3879 resistance, bearish pressure is likely to continue.
Caution: If $0.365 breaks, further downside towards $0.34 or even $0.30 is possible.
$WCT is showing signs of a short-term bullish reversal after a prolonged downtrend. The price has broken above the MA(7) and MA(25) on the 1H and 4H charts, and is now approaching the MA(99) — a key resistance level.
Entry (Buy Zone): $0.3650 – $0.3800 (wait for pullback)
Targets:
TP1: $0.4340 TP2: $0.5400
Stop-Loss: Below $0.3600
Trend: Reversal attempt from recent low at $0.3654. Wait for confirmation or enter near support with proper risk management.
The price is currently testing a resistance area and needs to break this level to continue the upward movement. Wait for some time for confirmation before opening new positions.
Price is in an uptrend and respecting the uptrend line. We may see a test of the resistance area, so let's see how it reacts there. This is a no-trade zone; wait for some time for new entries.
$ETC continues to trade within the support area. You can accumulate some ETC at this support level, placing a stop loss below $17. We may see a move toward the resistance area in the coming days.
The WCT/USDT pair is showing strong bullish signals, currently trading at $0.6595 (+4.38%)! With the price holding above key moving averages (MA7: 0.6602, MA25: 0.6554) and a solid 24h volume of 35.32M #wct , the momentum is clearly in favor of the bulls.
🔹 Key Highlights: - 24h High: 0.6998 – A breakout above this could spark another rally! - Support Levels: 0.6167 (24h Low) and 0.6229 (MA99) are strong floors. - Volume Surge: Trading activity is heating up, signaling growing interest.
📈 Technical Outlook: - The MA(7) > MA(25) suggests short-term strength. - A close above $0.6770 could confirm further upside.
💡 Strategy: Watch for a break above $0.6998 for continuation or a dip near $0.6229 as a potential entry.
Bitcoin Pizza Day: A Lesson in Early Adoption and the Future of Crypto Spending
On May 22, 2010, Laszlo Hanyecz made history by spending 10,000 BTC on two pizzas—a transaction now celebrated as Bitcoin Pizza Day. This event symbolizes the boldness of early adopters and raises critical questions about crypto’s future. Could Bitcoin evolve from a store of value into a daily spending tool? Let’s explore.
1. Early Adoption and Risk-Taking: The Pizza That Changed Everything Bitcoin Pizza Day reminds us that innovation thrives on risk-takers. Early adopters like Laszlo believed in Bitcoin’s potential despite its uncertain value. Their willingness to experiment laid the groundwork for today’s crypto ecosystem.
Key Takeaway: - High-risk, high-reward moves often define technological revolutions. - Early adopters play a crucial role in validating new systems.
2. Crypto in Everyday Spending: A 10-Year Vision Imagine a world where crypto is as seamless as fiat for daily transactions. For this to happen, we need: - Scalability: Faster, cheaper networks (e.g., Lightning Network). - Merchant Adoption: More businesses accepting crypto payments. - User Education: Simplifying crypto for mainstream audiences. Prediction: In a decade, buying coffee with Bitcoin could be as normal as using a credit card today.
3. The 10,000 BTC Question: Would You Spend It? Holding 10,000 BTC today (worth ~$700 million) poses a dilemma: - HODLers argue Bitcoin is digital gold—meant to preserve wealth. - Spenders believe using Bitcoin fuels its utility and adoption.
Food for Thought: Would you replicate Laszlo’s pizza trade, or wait for Bitcoin to hit $1 million? 4. Bitcoin as a Medium of Exchange: Bridging the Gap For Bitcoin to transition from asset to currency, it must overcome: - Volatility: Stablecoins or layer-2 solutions could help. - Regulation: Clear guidelines to foster trust. - Cultural Shift: People must want to spend Bitcoin, not just hoard it. The Bottom Line: The path to mainstream spending is challenging but achievable. Conclusion Bitcoin Pizza Day isn’t just a quirky milestone—it’s a testament to crypto’s disruptive potential. Whether Bitcoin becomes everyday money depends on technology, adoption, and our collective willingness to embrace change. Engage with Us!
- Would you spend 10,000 BTC today or HODL?
- How do you see crypto reshaping spending by 2034? #LearnAndDiscuss
🚨 TRUMP: RECOMMENDING A 50% TARIFF ON THE EUROPEAN UNION 🇺🇸🇪🇺
A massive move that could shake up global trade! Markets may react sharply — expect volatility across forex, equities, and even crypto as macro sentiment shifts.
$ETHFI having multiple rejection from the support zone trying to move up. We already into 16% in profits and can move further higher towards the resistance.
$ATM has been struggling to move up and got strongly rejected at a key resistance area (the flip zone). It’s still moving within a trend channel, taking support along the way. A small bull flag is forming on the lower time frame. Overall, the signals are mixed for now, but buying looks more favorable, so trade accordingly.
$BONK shoot up and gave a new higher high which nearly took from the mentioned support area. Now, once again price is above the zone and now retesting it and might take a rally off from here.
#bitcoin gave a decent closing over the final supply zone. Buys looks confident enough to give a new #ATH and currently a new Higher High is printed. #CryptoNewss
#ETC took off from the major support zone and also flipped the a key zone. Price travelling inside the a small bear flag, but market is bullish so buys looks promising. If there's a close below the of the $17.00 then we can see a drop and a lower low.