We will eventually take that step towards success!📈🚀 Call for pi inscription⚡ Work hard to become a millionaire 😊, come on, pioneers!🤠 #PiNetwork# #BRC20# #Ordinals# #piin# #Bitcoin      #$Pi    #Web3         # #Blockchain# #Crypto#

We will eventually take that step towards success!📈🚀 Call for pi inscription⚡ Work hard to become a millionaire 😊, come on, pioneers!🤠 #PiNetwork# #BRC20# #Ordinals# #piin# #Bitcoin   #$Pi    #Web3      # #Blockchain# #Crypto#

We will eventually take that step towards success!📈🚀 Call for pi inscription⚡ Work hard to become a millionaire 😊, come on, pioneers!🤠 #PiNetwork# #BRC20# #Ordinals# #piin# #Bitcoin   #$Pi    #Web3      # #Blockchain# #Crypto#

Bitcoin is up 40% from its June bottom $BTC fell into the high $50,000s in June before recovering through the summer to trade near $80,000. The second half has retraced most of a first half that took it well off January's $94,820 high.

Bitcoin and gold are increasingly moving together: The 90-day correlation between Bitcoin and gold prices is up to +0.50, almost matching the all-time high set during the 2020 pandemic. This figure has more than doubled since the start of the year. By comparison, following the 2022 bear market recovery, the 90-day correlation rose to +0.30. The recent surge accelerated following the US Treasury announcement on August 19th that it would at least double its buybacks of long-dated government debt, from $2 billion to $4 billion per operation. Meanwhile, the 90-day correlation between Bitcoin and the Nasdaq 100 is down to ~0.30, a 1-year low. Investors are increasingly turning to both gold and Bitcoin as hedges against currency debasement.

Bitcoin The 30-week and 40-week EMA slopes have both turned positive. That’s the shift from a bearish grind to a bullish reversal, not a one-day bounce. The Intermediate trend has shifted from bearish to bullish. Price can still chop. The slope change is the structure. Pain trade due north #Bitcoin#

Bitcoin dropped nearly 3% after stronger-than-expected US jobs data revived bets on a September Federal Reserve rate hike, abruptly reversing the cryptocurrency’s latest push above $80,000