The PlayStation 2 was released in Japan on December 3, 2000, and it was a huge success. Over 100 million units of the console were sold over the course of its 10-year lifecycle, with Sony releasing many new models over the years. There is a reason why the PS2 is so popular; it’s a handy console that has a lot of good games.
The PlayStation 2 (PS2) was originally released back in 2000 and since then, it’s been a great little gaming console. It was the best looking console of its generation, and it still holds up in terms of both looks and gameplay.
Back in 2005, Sony’s first PlayStation 2 game console broke all previous purchasing records and had a huge impact on our lives. The console was relatively expensive however, and not all those who bought it wanted to play it on a daily basis, which made it very difficult to sell. Its role as a DVD and videotape player also made it a less attractive option compared to the Nintendo Wii, Xbox 360 and PlayStation 3.
Bitcoin (BTC) announced on 24. June gave back some of its gains by testing lower levels, deterring already cautious traders.1 hour candlestick chart of BTC/USD (Bitstamp). Source: TradingView
All eyes on $37,000.
Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD hit a local low of $32,400 on Thursday.
A day earlier, the pair hit $34,711 on Bitstamp, making a surprising comeback after falling to a six-month low of $28,600.
Market participants were cautious, however, as resistance continues to drive a stronger rally.
CT is getting bearish again, but I think it looks like a rebound correction from 28k, summarized popular Crypto Ed Trader in an update.
He added that he expects at least another push to a local high at $37,000-38,000, but for that to be likely, bitcoin would have to bounce back to the target area around $32,000.
BTC/USD scenario with targets. Source: Crypto Ed/Twitter
At the time of writing, the BTC/USD price has already risen and is approaching the $33,500 mark.
BTC is still retesting ~$32,000 (black) as support, the Rekt Capital analyst added.
Hang in there and the $BTC will soon be able to demand more.
Analyst service Whalemap also pointed to $37,000 as a key resistance barrier for bitcoin to break through, thanks to Whalemap’s position assignment.
Chart of the resistance levels of the BTC/USD whale. Source: Whalemap/Twitter
Historical signs for sale
As Cointelegraph reports, the end of this month is being watched with suspicion given the quarterly expiration of some $2.3 billion in futures contracts.
Bitcoin Trust unlocks data in shades of gray. Source: Bybt.com.
This, coupled with the expected July releases at Grayscale Bitcoin Trust ($GBTC), means that selling pressure could persist for the next few weeks, before abating significantly.
Changes in sales pressure from mining companies, meanwhile, are already visible in the context of the current unrest in China, the data show.
Thursday, analysis service CryptoQuant noted that multiple Poeller bitcoin reached lows from which it has consistently rebounded.
The classic Puella indicator can be used to find buy signals, and it accurately reflected the start of the bull market last year.
Bitcoin Powell multiplication table. Source: KryptoQuant/ Twitter
Puell’s low multiples indicate the mine’s low profitability relative to the annual average. This means that some miners will reduce their hashing capacity, complexity will decrease, allowing for more decentralization, and selling pressure on miners’ cash reserves will decrease, CryptoQuant explains.
This could indicate that we have reached the bottom of this consolidation and are on the way to recovery.The PlayStation 2 was launched in 2000 and became the best-selling console of all time, despite its last-gen status. Its continued popularity was largely due to great games, including the likes of Grand Theft Auto III and God of War – and many of these also aged well, as demonstrated by this list.. Read more about best n64 games to play today and let us know what you think.
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