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Bitcoin Attempts Charge at $40,000, Tumbles to $34,000

BTC | BITCOIN $33022.41 +2.54% 

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On May 4, Bitcoin attempted another shot at the crucial $40,000 resistance but was turned down by the 20-day EMA, following which BTC broke below the ascending channel and at the time of writing, trades near the $33,500 mark.

The moving average display a falling trend and with the RSI now moving into oversold territory, we can see that the bears are in complete control. Further support lies at $33,000, however, a break below that level could induce panic selling to $29,000.

Upside faces resistance at the 20-day EMA and a breakout could see Bitcoin test $40,000 and the 50DMA again. Breaking through both of them would be crucial if the bulls are to regain control.

Meanwhile, Bitcoin crosses the halfway point to its next halving last week. Block 735,000 was mined at 10:29 UTC on May 5. With the halfway point came the hash rate hitting a new all-time high of 249.1 EH/s.

dPlay: New OneTouch Video Slots Added to the Roster

FUN | FUNToken $0.010710 +1.07% 

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Last week, dPlay Casino added a host of OneTouch video slots to its roster. New slot titles include BeatsFX, Grand Heist, Fire Combo, Infinity Tower, and Snack Blast.

These games join other live casino games, table games, crash games, instant games, and slots from providers like Spearhead Studios, FunFair Studios, Evoplay, etc. at dPlay.casino

FreeBitco.in users can play these titles and more using FUN and XFUN. Click here to connect your account to dPlay and enable seamless FUNToken deposits and withdrawals. You can also download the XFUN wallet for your device.

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