Strike’s Innovative Direct Deposit Fuels a Bullish Bitcoin Market Surge

Strike’s latest offering, enabling Bitcoin investment through direct deposit, is positioned to stimulate a bullish BTCUSD market. The efficient process entails logging into your profile, navigating to the ‘Direct Deposit’ section, and adjusting the ‘Get Paid in Bitcoin’ preferences. The option to select the percentage of your paycheck for Bitcoin conversion caters to both conservative and bullish investors.

CRYPTO BREAKING NEWS
US Citizens Can Now Convert Paychecks into Bitcoin with Strike. This innovative service provides a straightforward and efficient way for Americans to invest in Bitcoin through their regular income. Here’s how u… check us out @ https://t.co/8dh137aX4R pic.twitter.com/1gAz4dWnJh

— InnovatekMobile (@Neome_com) January 31, 2024

 
By furnishing employers with direct deposit details, users seamlessly integrate BTC into their financial portfolios. This pioneering method not only democratizes cryptocurrency investment but also signifies a notable stride toward widespread adoption. The feature’s inclusivity is anticipated to attract a broader audience. This, in turn, is expected to foster a bullish trajectory with increased engagement in Bitcoin for portfolio diversification and inflation hedging.

Key Bitcoin Levels To Watch – January 31

Following the invalidation of the $45000.00 high on January 2, 2024, BTCUSD formed another higher high at $49100.00. The market experienced a massive crash afterward until the price entered the discount zone.
 
The emerging crash lasted until a sell-side liquidity grab into a Fair Value Gap. According to the Moving Average, BTCUSD has resumed its bullish trend. However, a short-term retracement is likely at $43100.00, according to the indication of the Stochastic Oscillator.

BTC/USD Key Levels

Resistance Levels: $43100.00, $46000.00, $49100.00 
Support Levels: $37800.00, $31900.00, $24900.00

BTC Metrics

Total Market Capitalization: $1.67T
Bitcoin Market Capitalization: $853B
Bitcoin Volume: $23B
Market Rank: #1

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