\n

At the time of writing, Bitcoin trades around $30,000 after an attempt to break the $32,500 resistance. This pivotal level is essential to the continuation of the uptrend. Breakout from this resistance could lead to a massive uptrend rally reaching $40,000 to $42,000. If unsuccessful, Bitcoin can be seen in a prolonged sideways market. <\/p>\n\n\n\n

\"BTC<\/figure>\n","post_title":"MicroStrategy Continues Bitcoin Buying Spree","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-continues-bitcoin-buying-spree","to_ping":"","pinged":"","post_modified":"2023-07-02 00:47:43","post_modified_gmt":"2023-07-01 14:47:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12263","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin Technical Analysis<\/h2>\n\n\n\n

At the time of writing, Bitcoin trades around $30,000 after an attempt to break the $32,500 resistance. This pivotal level is essential to the continuation of the uptrend. Breakout from this resistance could lead to a massive uptrend rally reaching $40,000 to $42,000. If unsuccessful, Bitcoin can be seen in a prolonged sideways market. <\/p>\n\n\n\n

\"BTC<\/figure>\n","post_title":"MicroStrategy Continues Bitcoin Buying Spree","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-continues-bitcoin-buying-spree","to_ping":"","pinged":"","post_modified":"2023-07-02 00:47:43","post_modified_gmt":"2023-07-01 14:47:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12263","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/saylor\/status\/1674025857063571456?s=20\n<\/div><\/figure>\n\n\n\n

Bitcoin Technical Analysis<\/h2>\n\n\n\n

At the time of writing, Bitcoin trades around $30,000 after an attempt to break the $32,500 resistance. This pivotal level is essential to the continuation of the uptrend. Breakout from this resistance could lead to a massive uptrend rally reaching $40,000 to $42,000. If unsuccessful, Bitcoin can be seen in a prolonged sideways market. <\/p>\n\n\n\n

\"BTC<\/figure>\n","post_title":"MicroStrategy Continues Bitcoin Buying Spree","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-continues-bitcoin-buying-spree","to_ping":"","pinged":"","post_modified":"2023-07-02 00:47:43","post_modified_gmt":"2023-07-01 14:47:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12263","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1674025857063571456?s=20\n<\/div><\/figure>\n\n\n\n

Bitcoin Technical Analysis<\/h2>\n\n\n\n

At the time of writing, Bitcoin trades around $30,000 after an attempt to break the $32,500 resistance. This pivotal level is essential to the continuation of the uptrend. Breakout from this resistance could lead to a massive uptrend rally reaching $40,000 to $42,000. If unsuccessful, Bitcoin can be seen in a prolonged sideways market. <\/p>\n\n\n\n

\"BTC<\/figure>\n","post_title":"MicroStrategy Continues Bitcoin Buying Spree","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-continues-bitcoin-buying-spree","to_ping":"","pinged":"","post_modified":"2023-07-02 00:47:43","post_modified_gmt":"2023-07-01 14:47:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12263","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1674025857063571456?s=20\n<\/div><\/figure>\n\n\n\n

Bitcoin Technical Analysis<\/h2>\n\n\n\n

At the time of writing, Bitcoin trades around $30,000 after an attempt to break the $32,500 resistance. This pivotal level is essential to the continuation of the uptrend. Breakout from this resistance could lead to a massive uptrend rally reaching $40,000 to $42,000. If unsuccessful, Bitcoin can be seen in a prolonged sideways market. <\/p>\n\n\n\n

\"BTC<\/figure>\n","post_title":"MicroStrategy Continues Bitcoin Buying Spree","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-continues-bitcoin-buying-spree","to_ping":"","pinged":"","post_modified":"2023-07-02 00:47:43","post_modified_gmt":"2023-07-01 14:47:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12263","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

1 11 12 13 14 15 22

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

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Follow The Distributed

ADVERTISEMENT
\n
\"Ethereum
ETHUSD<\/a> will likely hit $2K if the price rebounds above $1,838. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

1 11 12 13 14 15 22

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
\"Ethereum
ETHUSD<\/a> will likely hit $2K if the price rebounds above $1,838. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • ETH may retrace up to the current support near $1,838 before heading towards the potential upside target at $2,010.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"Ethereum
    ETHUSD<\/a> will likely hit $2K if the price rebounds above $1,838. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

    If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

    MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

    The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

    MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

    1 11 12 13 14 15 22

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The price is yet to exceed the immediate resistance at $1,928 to continue the surge in July.<\/li>\n\n\n\n
  • ETH may retrace up to the current support near $1,838 before heading towards the potential upside target at $2,010.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"Ethereum
    ETHUSD<\/a> will likely hit $2K if the price rebounds above $1,838. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

    If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

    MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

    The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

    MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

    1 11 12 13 14 15 22

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Ethereum remains firmly bullish at the end of June, with a monthly closing above $1.9K.<\/li>\n\n\n\n
  • The price is yet to exceed the immediate resistance at $1,928 to continue the surge in July.<\/li>\n\n\n\n
  • ETH may retrace up to the current support near $1,838 before heading towards the potential upside target at $2,010.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"Ethereum
    ETHUSD<\/a> will likely hit $2K if the price rebounds above $1,838. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum closed above $1.9K at the end of June, indicating a solid bullish momentum. Although, the price failed to sustain above the current resistance at $1,928 and dropped below this level on 1st July. Technically, it indicates a false-break pattern which may lead the price to a short-term pullback.<\/p>\n\n\n\n

    If ETH decides to a retracement, the price may encounter strong support around the 50 EMA at $1,838 before rebounding for a bullish move. Alternatively, we may see the price hitting the long-term resistance at $2,010 following a potential bullish breakout of the current resistance at $1,928.<\/p>\n","post_title":"Bitcoin and Ethereum Technical Analysis: BTC Closed June Above $30K, ETH Above $1.9K, Indicating A Further Bullish Move Ahead in July","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-closed-june-above-30k-eth-above-1-9k-indicating-a-further-bullish-move-ahead-in-july","to_ping":"","pinged":"","post_modified":"2023-07-02 17:43:04","post_modified_gmt":"2023-07-02 07:43:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12310","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12263,"post_author":"15","post_date":"2023-07-02 00:47:37","post_date_gmt":"2023-07-01 14:47:37","post_content":"\n

    MicroStrategy has disclosed <\/a>the acquisition of 12,333 bitcoins in its recent filing with the U.S. Securities and Exchange Commission. The purchase was made between April 29 and June 27 and was worth approximately $347 million.<\/p>\n\n\n\n

    The company now holds 152,333 bitcoin with an average price of $29,668 apiece. <\/p>\n\n\n\n

    MicroStrategy, a company specializing in business intelligence, mobile software, and cloud-based services, holds the most significant amount of Bitcoin among publicly traded companies. Since August 2020, the firm has been purchasing cryptocurrency as a hedge against inflation, as stated by co-founder Michael Saylor. Today, Saylor shared the news of the company's continued expansion of its Bitcoin treasury on Twitter.<\/p>\n\n\n\n

    1 11 12 13 14 15 22

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n