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Hello crypto friends, the bitcoin price today has moved between the range of 24,800 and 25,600 for a few moments we have touched prices below 25 thousand dollars, we see how recently the standard for 500 and the nasdaq 100 risk markets stockholders respond well to the latest reports Macro the issue of inflation that came out lower than expected and also Power's pronouncement beware that the markets are not believing what he says power And at this time they are in good recovery "unfortunately the price of bitcoin does not stand out and this is obviously recent to what we have seen around cryptocurrency services" mainly the situation of coinbase and that of pods The United States mainly now I am going to tell you why on Tuesday there is a pronouncement from the United States Congress in which it is seen that pods are going to have to leave the United States and that must be taken into account now the SEP asks for four months to perhaps draw up a regulation around services and cryptocurrencies that will come to be called negotiable instruments values securitys as I am going to tell you, watch out for the part in this comment where I talk about the Huawei test, the Huawei test, which is the one that defines the values if the cryptocurrency complies with that, well, be careful because the ecosystem is still hurt by what has happened around that attack that some say is regulatory but it is that the laws are there.

Only that my friends the coinbase ceos and pods have skipped them and they want to make believe that there was no regulation now be careful because recently.

We also have a topic with tether sorry and there has been an impact, start watching football it seems that they want to drop the price of bitcoin someone maybe it is convenient for the Market Maker.

^{Image edited by Canva source.
Image edited by Canva source.}

We are also going to talk about how the bitcoin trend is, because at this moment and thanks to the fact that the markets are rebounding or developing in good shape after Powell, bitcoin manages to react in the last few , hours around it but we had lost the trend line, well the average purchase of bitcoin of the last ten weeks we lost our eye, with the average of the last 200 days that is somewhere between 23,000 and 24 thousand dollars, and he made him chirp too, he is sending important signals, which is why in this report, we are going to talk and analyze if the bitcoin trend has been lost or not, that the last word the Earth has the weekly closing of the price of bitcoin on Sunday.

So the graph; bitcoin price daily shows us, how we lose that trend line of which we have talked recently if we compare the development of the bitcoin price, in the last days with that of the nasdaq 100 well It's very different we see.

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That it is even closer to making new highs during 2023 has responded well to the latest pronouncements Macro as well as the standard for 500 who also recovers in good shape after those, Macro reports that I expected them to have the same impact on the bitcoin price, but they don't because at the moment the health of the industry and I mean more oriented around services that offer access to cryptocurrencies pods, coinbase and others that we are going to talk about because they are in trouble, if we verify coinmarket cap due to many cryptocurrencies they go back and bitcoin is still up 50% so far this year.

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Ethereum is reduced to 36% and there are cryptocurrencies that are already negative so far this year bnb four percent, dogecoin 12%, polygon 20% and others about to lose those gains they had seen. During this year as polkado But hey, let's focus on bitcoin and around it, it is important to be precise, if we have lost that uptrend that we had, well, we already saw that the trend line; It is losing in the short term, now what we are observing, is the realized price of the last two hundred weeks in bitcoin that price was around 26,400 dollars and bitcoin has broken it, we are at below, if we are going to verify the average price of bitcoin of the last 200 days that this line purple identifies for me, well it says there; What is that price that we have to be aware of and what that level would be, perhaps interesting to reach at this time is around 23,700 dollars.

If we lose the area where we are, then this is telling us perhaps; what is the next additional support to it this is one of the most relevant metrics that I use to determine trends.

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