Riding The Wave News Summary 168

Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy, Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K, & more.

Jul 30, 2023

∙ Paid

Welcome to Riding The Wave. If you have questions or feedback, please reply to this email. If you are new to the Newsletter, please check out what we provide on our about page and consider subscribing. Within the Newsletter, I provide News Summaries, Weekly Status Updates, & Deep Dive Articles on Specific Topics (Ex: How do I pick which coins/tokens to buy?). More details here

News

Tweets

https://twitter.com/WhaleChart/status/1685384300751970304

https://twitter.com/callieabost/status/1685018703564312578

Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy

Australian actress Margot Robbie, who plays the lead role in the new Barbie movie, has caused a stir within the crypto community after stating that talking about Bitcoin reflects similar traits to Barbie’s companion, Ken.
In the last 24 hours, the crypto community on X (Twitter), including MicroStrategy’s Michael Saylor and social media influencer Layah Heilpern, had a mixed response to Robbie’s statement about Bitcoin in an interview with Fandango on June 22.
Robbie revealed that every time she overheard her husband, Tom Ackerley, and television producer, David Heyman, discussing Bitcoin on set, it brought to mind the traits of Ken, the fictional co-star character in Barbie, played by Ryan Gosling.
“When David and Tom would start talking about Bitcoin or something, Gretta and I would be like, you’re being such Kens!”
Along with Saylor declaring that Bitcoin is, in fact, “Big Ken Energy,” several other prominent figures in the crypto industry shared their thoughts on Robbie’s comments.

Robbie stated in the interview that it is hard to define what makes a Ken or what gives off Ken energy, as it can be subjective.
“It is not something you can define; it is just something you can sense,” Robbie stated.

Full Article

Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K

As Cointelegraph reported, Bitcoin’s Bollinger Bands currently echo conditions from the start of the year, just before BTC price went on to gain 70% in the first quarter.
Analyzing movements among traders on the Binance BTC/USD order book, monitoring resource Material Indicators noted that buying pressure from whales was combining with increasing resistance closer to $30,000.
“Expecting guard rails to stay up until we near the Weekly and Monthly candle closes,” part of accompanying comments stated on July 29.

Trading resource Stockmoney Lizards was also hopeful for the cross’s positive implications, but nonetheless acknowledged that its appearance “doesn't mean btc is already out of its summer correction mode.”
An accompanying chart showed a prior monthly MACD cross from late 2015 heralding preparations for Bitcoin’s ascent to last cycle’s $20,000 all-time high two years later.

Full Article

Worldcoin is making reality look like a lot like Black Mirror

Keep reading with a 7-day free trial

Subscribe to Riding The Wave to keep reading this post and get 7 days of free access to the full post archives.

Riding The Wave