Guys, according to the chart shared with you, #BTC has just broken the descending triangle, which is a very bullish sign for BTC and there's a lot of positive sentiment if the price rises further. However, caution is still necessary as I have one concern about this recovery. Let me explain 🥂
✨My main concern✨
On Friday, we witnessed an outflow from the BTC SPOT ETF, which negatively impacted the market. So far, we can remain positive but cautious in the face of another potential market downturn, as the SPOT ETF market will reopen on Monday.
🌿 Altcoin Prices 🌿
As for altcoins, prices are rising steadily, with the highest gainers being $REZ, which jumped 30% as the price reached $0.193. I'm very optimistic that #REZ will be one of the best-performing coins in May, likely to rise and reach prices above $0.4.
$WIF also increased by 24% and FLOKI rose about 20%. Memecoins generally had a very good day.
Let's hope the market continues to recover, but remember, if you are keen on futures trading, gradually increase profit prices as we move toward the end of the week and closer to Monday to see what's next 🚀
Don't forget to follow and like for MORE exclusive content 🥂
👍 Like | 💬 Comment | ↪️ Share
🚀🔥 Please follow @Coinaute Binance Square account! 🚀🔥
#altcoins #Binance CryptoWatchMay2024