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Technical analysis by tangerine111 about Symbol BTC on 6/7/2023

https://sahmeto.com/message/3322607
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According to the latest data from CoinGecko, the market capitalization of Binance USD (BUSD), the US dollar stablecoin issued by Paxos, has fallen below the $5 billion mark, reaching $4,990,902,406 as of press time. Historical data shows that the market value of BUSD has shrunk by 50% in about three months: the market value of BUSD fell below $10 billion on March 3, 2023, below $9 billion on March 5, and below $10 billion on March 27. 8 billion US dollars, fell below 7 billion US dollars on April 11, and fell below 6 billion US dollars on May 10.

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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$26,924.35
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