Has Bitcoin bottomed out? Analyst reveals key price levels to watch In his latest technical analysis, senior cryptocurrency analyst Christopher Inks provides a detailed overview of the current Bitcoin market structure through comprehensive chart analysis. The chart, recently shared on X, shows the price trend of Bitcoin and several key technical indicators and levels, which may indicate a potential reversal of its bearish trend. The analyst explained the price trend of Bitcoin through daily candlesticks over the past few months, pointing out important support levels (S1, S2) and resistance levels (R1, R2). As of writing, the trading price of Bitcoin is around $63,000, and the two downward trend lines represent a bearish market structure. Inks said, "We still want to see a breakthrough above the above-mentioned level to indicate that the bearish market structure since ATH has been broken." This level is crucial as it is the convergence point of multiple technical elements: daily pivot points, upper descending green resistance line, and two-month range equilibrium. Inks said, "Breaking through impulsively and closing above the daily support point / descending green resistance / convergence area above the EQ range of the past 2 months will indicate that the low point may have arrived." This suggests that overcoming this obstacle may signal the end of the bearish market structure that started from the historical high point. If the resistance level is broken, the next major resistance level is at $65,541. After that, there may be $68,000. Inks said: "Breaking this level will break the bearish market structure since March 13." Then, R1 at $69,000 and R2 around $78,000 may be the next targets. On the downside, the most critical support level is $56,522. It represents the lower limit that Bitcoin needs to maintain in order to prevent further decline, which would intensify bearish sentiment. Inks clarifies the importance of this support and points out, "If we can now print higher lows, it would require breaking the level of $65,541 without printing new lows below $56,522, which would indeed provide support for the existing view of the bottom. A new ATH is coming." This statement emphasizes the need for Bitcoin to stay above this support level to avoid further decline and stabilize within the current range. If BTC falls below the key support level, the price may drop below $56,000 (S1) and $50,900 (S2). It is worth noting that this analysis is supported by various technical indicators. The Relative Strength Index (RSI) hovers around the neutral 50 level, indicating a balance between bullish and bearish forces. The position of the RSI suggests that the market is neither overbought nor oversold, and if the bullish signal strengthens, there is potential for an upward movement. MACD currently shows that the MACD line is below the signal line, which is a traditional bearish signal. However, if the momentum changes, the proximity of these lines also implies a possible bullish crossover. Random RSI also indicates the possibility of fluctuations in either direction, but it is particularly useful for determining when Bitcoin may enter overbought or oversold areas, which is crucial for predicting short-term price reversals. Inks also commented on the market dynamics, saying, "The positive factor in this range is the continuous decrease in supply in the overall bearish market structure." This observation suggests that the combination of supply reduction and maintaining key support levels may help stabilize and potentially increase the price of Bitcoin. (DataSource: Jake Simmons)

Markets Week Ahead: Gold Spikes, Dollar Soars, EUR/USD and GBP/USD Slump Despite this higher-for-longer US rate backdrop, gold continued to print new all-time highs before a sharp, intra-day sell-off late Friday. Gold posted a new ATH at $2,431/oz. before giving back around $90/oz. to end the week at $2,343/oz. Silver also had a very volatile session Friday, making a high of $29.79/oz. before ending the session at $27.84/oz. （Source:Dailyfx-Nick Cawley）

Odaily Planet Daily News market data shows that the FPS chain game MATR1X FIRE project token FIRE rose 15% in 24 hours and is now trading at 1.07 USDT, with a 24-hour maximum of 1.19 USDT. The MATR1X platform announced that the skewer chest (KUKU X Collection Souvenir Chest) generated by staking MATR1X KUKU NFT will be traded on the chain on March 14th, and each KUKU souvenir chest will consume FIRE tokens when the case is opened, and will also produce MATR1X platform token MAX and out-of-print skin assets. In addition, the KUKU Souvenir Chest is an out-of-print treasure chest that was only produced in the early staking of the MATR1X KUKU NFT AND WILL NOT BE PRODUCED IN THE FUTURE.

Odaily Planet Daily News Inscription Browser Ord.io posted on platform X that the last picture curse inscription is the cursed goose on the Pizza Satoshi.

Golden Finance reported that Polygon co-founder Sandeep Nailwal disclosed that Starbucks Korea will start issuing Non-fungible Tokens on the Polygon Blockchain in January 2024, and the related Non-fungible Tokens are jointly developed by South Korean art platform Print Bakery and famous Non-fungible Token artist DADAZ, only to incentivize customers who use recycled cups. It is reported that customers can accumulate "eco-stamps" by purchasing eligible drinks, and then use these "eco-stamps" to redeem limited-edition Non-fungible Tokens.

According to Guangming Daily, on December 26, the "Top Ten Scientific and Technological Terms of 2023" were released in Beijing, namely: large language models, generative artificial intelligence, Quantum computing, brain-computer interfaces, data elements, smart cities, carbon footprint, flexible manufacturing, regenerative rice, and controllable nuclear fusion. The inventory was jointly initiated by the Affairs Center of the National Committee for the Examination and Approval of Scientific and Technological Terms, the National Language Resources Monitoring and Research Print Media Center, and the Chinese Science and Technology Terminology Magazine, aiming to select the most influential and representative scientific and technological terms in 2023.

PANews reported on December 13 that, according to CNBC, former U.S. President Donald Trump recently launched a new promotional campaign "Mugshot" NFT collection, promising that buyers can get a suit of the suit he wore when he was photographed by the police after purchasing 47 Trump-themed digital trading card NFTs worth $99. The total value of the 47 purchases was $4,653, while also promising that buyers could have dinner with the former president at Mar-a-Lago. The NFT is issued on the Polygon blockchain. However, the fine print on the promotional website mentions that buyers may not always be able to receive a physical card or suit. If a physical reward card is not available due to manufacturing, production, or delivery issues, eligible individuals will receive a limited-edition Trump NFT in lie. In addition, the winner of the gala dinner is responsible for all travel expenses, including transportation and accommodation. If Trump is unable to attend or the dinner cannot be held for other reasons, the organizers may reschedule the dinner or replace it with a limited-edition Trump NFT.

Gold Cpi news opportunity Gold remain supported by the 200-day SMA Monday’s auspicious start of the new trading week saw gold prices print a decent rebound amidst rising open interest, which should open the door to the continuation of this move in the very near term. In the meantime, the 200-day SMA continues to hold the downside for the time being. Gold setup Gold buy 1946-1937 Target 1990 Sl 1930 17 hours ago Comment: See gold flying 17 hours ago Comment: Running 240 pips 17 hours ago Comment: Keep hold till Target （Source from: TV-Jos131）

According to Golden Finance, the ATP Professional Tennis Federation officially announced that it will cast posters on Polygon "Nitto ATP Finals" digital collections, and each digital collection poster has a corresponding physical print, ATP said that the relevant digital collection posters will be released during the Nitto ATP Finals.

According to PANews on August 14, according to E-Daily reports, South Korea’s Hana Securities announced that it will start building a security token business model platform from September, and complete the selection of external companies to establish the platform within this month. Hana Securities plans to complete the application for innovative financial services related to security tokens within this year to occupy the market. It is reported that Hana Securities is also promoting cooperation with digital asset companies. Previously, Hana Securities signed business agreements with major companies such as Print Bakery, Itcen, and Danal Entertainment to cooperate on various basic assets and sculpture investment platforms such as artwork, gold and silver, mobile content, and security token business. It also plans to expand its partnership model with platform companies for new assets, such as accounts receivable, real estate financing for small business owners, and digital content distribution. According to news in February, the South Korean Financial Services Commission plans to allow ST0 to be issued and circulated in the form of securities, which is different from virtual assets.

According to news from PANews on July 29, the British Museum is cooperating with The Sandbox, an Ethereum-based metaverse game, and together with the museum’s authorized partner, the French startup LaCollection, to build a metaverse interactive space and create a series of NFT digital collections . The museum has previously partnered with LaCollection to launch three NFT collections. As early as September 2021, 200 digital postcards of Hokusai's work were auctioned, including the Japanese artist's 1831 populist woodblock print "Under the Waves, Kanagawa" (aka "The Great Wave"). ), a spring 2022 auction of tokenized versions of 20 works by British artist Joseph Mallord William Turner, including the dramatic 1823 watercolor Storm (Wreck) ". A recent sale featured NFT artwork depicting 20 pen and pastel drawings from the British Museum collection, created by Venice-born draftsman Giambattista Piranesi.