#BATUSDT The main bottom for the 2022 bear market for Basic Attention Token (BATUSDT) happened in December 2022, after it goes sideways but, let's take June 2023 as the market bottom for the purpose of this chart.
1- on the chart is a stop-loss hunt event. It leads to a bullish wave. 2- on the chart is the same; a reversal comes next.
The bullish signal is in because 2- is already gone. The action went below long-term support (June 2023 low) is now trading back above it. Three weeks green, bull confirmed; yes we win! Yes
#BATUSDT The main bottom for the 2022 bear market for Basic Attention Token (BATUSDT) happened in December 2022, after it goes sideways but, let's take June 2023 as the market bottom for the purpose of this chart.
1- on the chart is a stop-loss hunt event. It leads to a bullish wave. 2- on the chart is the same; a reversal comes next.
The bullish signal is in because 2- is already gone. The action went below long-term support (June 2023 low) is now trading back above it. Three weeks green, bull confirmed; yes we win! Yes
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
Telegram Gives Up On Crypto Blockchain Project
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
